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"I'm forecasting that the market will be flat" in 2008.
Some analysts were, however, forecasting that the stockmarket would fall further.
The company is forecasting that the fund will return 10 percent a year.
Most economists had been forecasting that the euro would climb by the second half of 1999.
Economists are forecasting that the unemployment rate will again be 8.1 percent, reflecting the slow job growth.
Economists are forecasting that the American economy added 165,000 jobs last month, according to data compiled by FactSet.
Another 185 super-jumbos have been ordered, with Airbus forecasting that the A380 programme will break even by 2015.
The government is still forecasting that the economy will grow slightly this year, by 0.4%, compared with 2.1% last year.
Some economists are now forecasting that the bank will reverse course on interest rates before the end of the year.
Ms. Patterson of J.P. Morgan is forecasting that the euro will be at $1.40 by year-end.
The National Weather Service is forecasting that the Red River will crest again at Fargo between 38 and 40 feet.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com