Despite the recent technology-induced stock market losses, we are sticking to our 12,000 price objective for the TSE 300 for the end of 2001. It is ironic that it took a plunge in the TSE 300 index for the market to broaden out. The U.S. presidency could be hinging on hand-counted votes in Florida. U.S. President Bill Clinton's duties are also far from over. His role is vitally important to national security and the economy.
Excellent investors are in the middle of the two extremes.
When a financial consultant ignores clients in tough times, it is unacceptable. First, you may need reassurance your family fortune is intact. Be cautious, but don't be afraid. John St. Croix is regional vice-president and director at Merrill Lynch. We welcome your feedback.