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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