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FW: David Hale Global Economics: 2011 Review and 2012 Forecast Preview

Worth reading (or skimming)... Arlene Busch 202-333-1880 abusch@rosemontseneca.com -----Original Message----- From: Mark Zoff [mailto:markzoff@davidhaleweb.com] Sent: Wednesday, December 14, 2011 12:48 AM To: abusch@rosemontseneca.com Subject: David Hale Global Economics: 2011 Review and 2012 Forecast Preview Dear Clients, Attached please find a review scorecard of our predictions, forecasts, and concerns over the past tumultuous year. We were right about doubting a double dip in the US economy, and our warnings on fiscal drag will continue, but we were surprised by events in Japan, and the extent of paralysis in Europe. For 2012, we offer a preview of David Hale's forecast for 2012, including key issues we are monitoring in the 4th quarter. Finally, we ask you to share with us your areas of concern and interest for 2012, so that we can incorporate your questions into our annual report to be published next month. Season's Greetings! Sincerely, Mark Zoff Director of Research DAVID HALE GLOBAL ECONOMICS INC. 546 Lincoln Ave #2A Winnetka, IL 60093 Tel: 847-386-6009 Fax: 847-386-6011 Mob: 651-334-1852 E-mail: markzoff@davidhaleweb.com Website: www.davidhaleweb.com We are pleased to announce that What's Next: Unconventional Wisdom on the Future of the World Economy, a compendium of economic forecasts from pre-eminent independent economists, is available for purchase. Copyright 2011, David Hale Global Economics Inc. All rights reserved. Please do not forward the attached document to individuals not authorized by David Hale Global Economics to receive it. It contains confidential information and is intended only for the individual named. This document is not for attribution in any publication, and you should not disseminate, distribute or copy this e-mail without the explicit written consent of David Hale Global Economics.