Good-bye 2006 – hello 2007
Happy New Year’s – good-bye 2006 – hello 2007; expect even more good news. Three important forces will characterize global financial markets:
- The continuation of decent profit growth and a “soft landing” for the global economy,
- Disinflation
- A transition away from tightening monetary policy
These elements of better growth and low inflation will prove to be bullish for stocks. […]