Mark
Mark

At the beginning of each year, we invest a lot of thought and effort in documenting our observations, impressions and conclusions regarding what happened in the global economies and capital markets during the past year, our expectations regarding future economic and market developments, and our views on investment themes to guide investors. We then take several deep breaths and send the results to our clients and friends, and post them on our website where – right, wrong or in between – they are available for everyone to read and assess. Here are all of our Annual Outlooks since 2005.