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Posted On:Thursday, December, 31, 1998

December 31, 1998

Author's:  Monty Guild

We would like to convey our warmest wishes for a happy, healthy and prosperous New Year.


 

As is our custom, we are writing to share our views on 1999 from the point of view of global investment markets. We look at the investment markets as an amalgam of trends from the current and expected social, political, and economic environment in the world. Based on our research, we are reasonably optimistic about the environment for 1999. We see opportunities and we see problems. Let us discuss both of them and why we believe at this time next year we will be looking back at 1999 as a good year.


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Posted On:Thursday, October, 01, 1998

October 1, 1998

Author's:  Monty Guild

To say the third quarter of 1998 has been eventful, would be a substantial understatement.


 

Asia has continued to slow, with major cracks in the banking systems of Japan and several Southeast Asian nations exacerbating the situation. Russia has imploded and officials there have made a number of serious blunders which may guarantee against a recovery of their economy anytime soon. Latin America has joined in the decline as bankers feared the problems in Asia and Eastern Europe were contagious. This caused them to call in loans in Latin America. While Latin America was not in default, this lack of capital could eventually cause major defaults in the region. It has already caused near defaults.


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Posted On:Tuesday, August, 04, 1998

April 8, 1998

Author's:  Monty Guild

The first quarter was a good one for the U.S. and European markets and a volatile one for the Asian markets. The U.S. provided decent returns and we continue to see opportunity in this country in coming months.


 

In the U.S., we hold core positions in high quality growth companies like Fannie Mae in finance; Cendant, Microsoft, and Intel in technology; Pfizer and Schering Plough in pharmaceuticals; New York Times, Ames Department Stores, Pepsico and Tiffany & Co. in consumer and retail.Click here to read full article...

Posted On:Thursday, July, 02, 1998

July 2, 1998

Author's:  Monty Guild

We have been noticing several trends that point to the ongoing change and evolution in the world markets in 1998. These trends are greatly shaping the investment environment for 1998 and future years. Click here to read full article...

Posted On:Friday, January, 02, 1998

January 2, 1998

Author's:  Monty Guild

We sincerely wish this New Year will bring you health, happiness and prosperity.

The New Year is arriving full of opportunity and some risk. The newspapers and media have focused on the problems in Asia. We believe these problems are due to structural problems in East Asian economic and political environment and that they will resolve themselves gradually and give way to substantial opportunity in the latter part of 1998.Click here to read full article...

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