Speaking to a Worth journalist about the economic climate, one investor recently lamented, “There is a lack of confidence right now; people don’t know which news to take to heart.” Indeed, headlines seem to support a bearish worldview. The dollar slides, oil price and deficits surge, terrorists roam free and a cessation of hostilities in Iraq seems increasingly elusive. Investors find it difficult to establish a sound strategy upon these shifting sands. As a professor from Harvard Business School explains, “They become passive and hoard what they have.”

This month we examine the uncertainty that clouds the outlook for the economy and investments, and hear from investors who feel paralyzed, yearning for the sure bets of the late 1990s. We ask some of the financial industry’s top advisors for their best strategies for weathering the storm. Finally, we present an encouraging case study of how British investors in the 1990s resolutely stared down terrorists who, through a sustained campaign of violence, attempted to bring one of the world’s leading economies to its knees.

Additional Information
Watching and Waiting
Strategic Imperatives
Triumph Over Terror