Be sure you take full advantage of the tremendous economic opportunity available to you as a practice owner. 2000 Outlook - U.S. Economy Strong growth is very likely as low inflation continues. Conditions for growth at the start of 2000 are much more favorable than they were at the start of 1999, and as an added perk a major federal income tax cut is anticipated in the next two to three years.
Some economic issues do exist that merit watching.
Next is Japan. Some observers believe their national monetary policy is too tight which could lead to deflation in the year ahead. Also of note are OPEC and oil prices. As you have observed in first quarter 2000, crude oil prices have zoomed upward and consumers are squeezed a bit. These rapid price increases have enhanced the wealth and rewarded the least productive nations in the world.