Hi, we hope our quarterly economic review finds you enjoying the summer season. As is our custom, we will be discussing our views on the economy, interest rates, the stock market, and the trends and themes we have identified as creating opportunities for investment. We also want to take this opportunity to give you some insight into our process of researching investment ideas.
As we write this letter, we remain confident that the U.S. economy and many stocks will continue to be robust despite modestly higher interest rates. We are also seeing positive developments in Asia. In Japan, after . . .
Continue Reading: July 6, 1999
