The economy remains buoyant and looks set to be so for the foreseeable future. 1999 was the fourth c...
The economy remains buoyant and looks set to be so for the foreseeable future. 1999 was the fourth consecutive year of 4%-plus real GDP growth, with some forecasters now suggesting that it will even be closer to 5% than 4% this year. Additionally, domestic demand remains robust and favourable job prospects and healthy consumer finances are fuelling strong consumer spending. However, whilst we expect a modest equity market gain over the course of the year, we also expect the recent volatility to continue during the first half. The oil price rise has heightened inflationary concerns, alth...
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