February 2005 Trends Magazine — www.trends-magazine.com
spacer FEBRUARY 2005 FEATURE

Enabled by Technology and Driven by Economics, the Dispersion of the U.S. Population Is transforming Our Nation

Last month, we examined the growing migration of the population to the exurbs — the area beyond the suburbs that offers cheaper real estate, less traffic, and a quieter way of life. But what does the increasing dispersion of the population to the exurbs mean for society, economics, and politics? We'll analyze this phenomenon and tell you what to expect.

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spacer INSIDE FEBRUARY 2005
On-Line Libraries, Classes, and Textbooks Promise to Redefine Education Globally

In the near future, educational opportunities will be virtually everywhere and the variable cost will be small. We'll explore the future of education and the most likely scenarios, opportunities, and implications.

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New Tools Help Harness the Information Explosion

Among the millions of pages of information that are added to the Internet every day, a few important facts that are important to you or your business could be buried anywhere on the Web. An emerging source of new information is the weblog, commonly called a "blog." Studies show that 8 million Americans have created weblogs. Until now, it was impossible to monitor all of these journals, but as we'll explain, new Internet tools are giving business people a way to tap into this rich source of insights.

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You Can Safely Ignore Pundits Suffering from "Current Account Deficit Disorder"

While some TV commentators are in an uproar over the U.S. current account deficit, there's no reason to worry. We'll discuss the reality behind the paranoia, discuss the key issues you should keep in mind to understand the current account deficit, and reveal where the real risk lies.

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Just What the Doctor Ordered for the Ailing Portfolio

We'll explain why, based on the prevailing direction of several trends, pharmaceutical stocks are likely to be some of the healthiest investments over the next several years.

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Key Tax Rates Are Now Returning to Their Historic Norms, with Significant Upside Implications for the Economy

The Bush tax cuts' pro-growth benefits are more significant than is commonly realized. Two items in particular stand out — namely, the average national tax rate and the marginal federal tax rate on personal income. As we'll discuss, these two tax rates are now returning to their historic norms, having become horribly skewed during the Clinton years.

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Stocks Are Headed Higher in 2005

Yes, interest rates are headed up, and the year-over-year growth in profits is slowing. However, what matters for stocks are capitalized profits, and they give stocks plenty of rally room. It looks like they have a 25 to 40 percent upside before they become over-valued. We'll discuss the underlying economic factors and offer a preview of what lies ahead for corporate profits and individual investors' portfolios.

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