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To download [2012: The Year in Review], click on the following link:
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Dear R. Hunter,

Attached you will find a review of our predictions, forecasts, and
warnings made during the course of 2012. We had notable success at
predicting how events would unfold and economies would grow throughout
Asia and Europe, particularly Japan, but the uncertainty-based weakness
in the US depressed growth more than expected and caused the Federal
Reserve to be more proactive than anticipated at the start of the year.
2012 seems to be ending with as much uncertainty as it began.


Additionally, should you be in the Los Angeles or San Francisco area on
January 8 th and 9 th , we are pleased to invite you to " What's Next in
Asia? Ten Things You Might Not Be Expecting in 2013

http://www.frbsf.org/banking/asiaprogram/events/2013/0108/agenda.html

." The Federal Reserve Bank of San Francisco will host this event. Both
David Hale and Lyric Hughes Hale will discuss the outlook for US-Asia
relations in the years ahead and how these relations will impact the US
economy. Further details about the event can be found below.


Happy New Year to you and yours!


Sincerely,

Mark Zoff

Director of Research


DAVID HALE GLOBAL ECONOMICS INC.

546 Lincoln Ave #2A

Winnetka, IL 60093

Mob: 651-334-1852

Tel: 847-386-6009

Fax: 847-386-6011

Email: markzoff@davidhaleweb.com

Website: www.davidhaleweb.com

http://www.davidhaleweb.com/


We are pleased to announce that What's Next: Unconventional Wisdom on
the Future of the World Economy

http://yalepress.yale.edu/yupbooks/book.asp?isbn=9780300170313

, a compendium of economic forecasts from pre-eminent independent
economists, is available for purchase.


Copyright 2012, 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.


The Federal Reserve Bank of San Francisco and its Partner Programs are
pleased to announce the next Asia Financial Forum on:


What's Next in Asia?

Ten Things You Might Not Be Expecting in 2013

with David Hale & Lyric Hughes Hale

January 8, 2013 in Los Angeles, CA

January 9, 2013 in San Francisco, CA

To learn more about the program and registration, please click here
to visit

http://www.frbsf.org/banking/asiaprogram/events/2013/0108/agenda.html

.

Discussion : As veteran observers of Asia, international economist David
Hale and writer Lyric Hughes Hale have envisioned geostrategic,
political and economic scenarios that are contrary to current
conventional wisdom, and trends that deserve more attention than they
are given in the media. Join them for a discussion of how they see the
U.S. relationship with Asia evolving over the short to medium term, and
the implications for the American economy and financial system.


--------------------------------------------------------------------------------
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