Q2 2008 Client Letter
The “Greatest Story Never Told” was the headline in an article I came across recently, that I believe helps to provide some perspective on current economic conditions. In spite of the debate about whether our economy is in a recession and weakening public confidence the fact of the matter is that we have lived through and continue to live in the greatest period of prosperity in human history. Over the last 25 years, more wealth has been created, more people have been lifted out of poverty, standards of living have been elevated more dramatically, and the quality and length of life have improved, more than ever before.