The Capital and Spatial Divide: On a Path Toward Convergence (Financial Views‪)‬

Commentary Going into the summer of 2003, the economic scene is capturing more attention than in normal times when the focus would be on vacation plans instead of the stock market. There are signs that we are emerging from the endless stream of challenges of the past eighteen months. The national psyche remains guarded, however, due to the uncertain economic and geopolitical scenes. This situation is unlikely to change soon. Thus, business and consumer confidence should wax and wane, rising with intermittent good news and falling with signs of trouble.