A sustained policy of interest-rate increases. A weakening euro. Oil prices dangling a stone's throw from 10-year highs. And, most recently, a slew of top-shelf companies -- technology outfits, in particular -- warning of weakening demand.
This is the economic backdrop as the curtain rises on the fourth quarter of 2000 -- a year in which the first nine months have witnessed a 9.7% retreat in the
and a 2.2% decline in the
. With the fourth quarter upon us, the question is: Where will the markets stand three months from now?
huddled with some of the best money managers on Wall Street to hear their answers to that question. The pros will also weigh in on where they think the treasures -- and the traps -- are. Every day this week, we'll have a Q&A session with the best and the brightest:
Kurt Schansinger, manager of the
Merrill Lynch Balanced Capital Fund
Paul Meeks, skipper of
Merrill Lynch Internet Strategies
Merrill Lynch Global Technology
John Maack, director of equities at
John Bollinger of
Bollinger Capital Management
Kevin Landis of
Bob Turner of