Year of the bear or bull in 1999 markets
Financial experts forecast a bumpy 1999 with selective opportunities. Analysts favor 75 percent stocks and 25 percent bonds, noting tech and growth sectors may lead while small caps offer bargains after 1998 losses. International stocks could rebound as volatility persists worldwide.
MENTIONED IN THIS ARTICLE
Hank Madden
Madden and Associates Financial Consultants
Jacksonville
Fla
Madden
Lipper Inc
Pond
Boston
U.S
Andrew Horowitz
Hollywood, Fla
Horowitz & Co
Woolrich Seeks Fresh Identity to Match Its Heritage
Woolrich Inc faces a brand renewal as President Roswell Brayton Jr. pushes to modernize a 168 year old label. The firm trims workforce, shifts to global production, expands retail and marketing, and targets younger customers while preserving its rugged image.
MENTIONED IN THIS ARTICLE
Roswell Brayton Jr
Clinton County
Woolrich
Discovery Channel
Men’s Journal
New York
L.L. Beans
Eddie Bauers
Brayton
Harvard University
Woolrich Inc
Resolve to take control of your finances
New York AP report notes year end 1999 optimism as households plan major or minor financial changes. A Lutheran Brotherhood poll finds 52 percent expect to be better off, 20 percent worse. Many foresee income gains and stable or improving economy despite stock volatility. Financial experts again offer broad advice for the new year.
MENTIONED IN THIS ARTICLE
New York
Lutheran Brotherhood
Minneapolis
Les Bendtsen
Old fashioned savings may be what this country needs
New York AP reports a drop in the US savings rate to below zero percent reflecting rapid spending and rising debt. Economists warn of reduced capital for growth while old fashioned critics call it moral decline as the country shifts away from habitual saving.
MENTIONED IN THIS ARTICLE
New York
Japan
Also Mentioned on This Page
Jonathan Pond
Wall Street
Woolrich, Pa
S. Wade Judy
Northeast
Midwest
Northwest
John Rich
Door Clothing
Richard Insley
Pennsylvania
Colorado
Nebraska
Mexico
L.L. Bean
Eddie Bauer
Patagonia
Columbia
North Face
Timberland
Howard Solomon
J. Goldberg
Philadelphia
Carl Styers
Company
Teresa Weber
Cindy Toner
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