Sage Advice Quarterly Market Review 1Q2003

Let the games begin! The Olympian challenge of U.S. policymakers to transform the languid recovery of 2002 into a sprint during 2003 is officially under way. If this goal is accomplished, the next leg in the economic relay race would be to parlay the momentum into a marathon expansion, reminiscent of the experience during the 1990s. Nothing is impossible, and hope springs eternal, especially among administration officials who are casting a wary eye on the 2004 elections.