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October 23, 2008

Invest for the Long-Term - the Very Long Term
by Paul Kasriel

Chart 1

Note: Horizontal line is where the Nikkei 225 closed on October 22, 2008.

Chart 2

Note: Horizontal line is where the NASDAQ closed on October 22, 2008.

Paul L. Kasriel, Director of Economic Research
The Northern Trust Company
Economic Research Department
Positive Economic Commentary
"The economics of what is, rather than what you might like it to be."
50 South LaSalle Street, Chicago, Illinois 60675

The information herein is based on sources which The Northern Trust Company believes to be reliable, but we cannot warrant its accuracy or completeness. Such information is subject to change and is not intended to influence your investment decisions.

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