Archive for December, 2007

2007 in Review/2008 in Prospect

Thursday, December 20th, 2007

“It’s tough to make predictions, especially about the future.”Investment managers of all stripes are familiar with Yogi Berra’s quote, and yet every one, including us, persists in making predictions, or, as we prefer to call them, forecasts. Here is our review of what we expected in 2007 and a preview of what we think 2008 will look like.