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Dr. Simos is Director of Forecasting and Predictive Analytics at e-forecasting.com, a division of Infometrica’s Data Center, 65 Newmarket Road, Durham, NH 03824, U.S.A. and professor of economics at Paul College, University of New Hampshire, www.infometrica.com, firstname.lastname@example.org. This report does not purport to be a complete description of global economic conditions and financial markets. Neither the Journal nor Infometrica, Inc. guarantee the accuracy of the projections, nor do they warrant in any way that the use of information or data appearing herein will enhance operational or investment performance of individuals or companies who use it. The views presented here are those of the author, and in no way represent the views, analysis, or models of Infometrica, Inc. or any organization that the author may be associated with.