Conversation with … Kathy Fisher
Senior Portfolio Manager Bernstein Global Wealth Management

February 15, 2007

The last few years have been extraordinary times in the capital markets. Driven by strong corporate earnings and robust economic growth, stock markets at home and abroad recorded double-digit gains in 2006. Apart from a brief period of rockiness in the second quarter of 2006, when investor confidence faltered in response to sharply rising oil prices, financial markets globally were unusually calm through most of the year, as they have been for the last three years. While there are no clear indications of change on the horizon, we expect global economic growth and corporate profit growth to slow somewhat in the coming year.

Join us for a conversation with Ms. Fisher, who will review the markets’ performance and discuss Bernstein’s outlook for 2007.

Thursday, February 15; 5:30 PM-7:30 PM
800 Connecticut Avenue, N.W., Suite 1100, Washington, DC 20006
Please respond to Angela Dawson at (202) 261-6800 or rsvpwdc@bernstein.com by
Friday, February 9, 2007.

KATHLEEN M. FISHER
Senior Portfolio Manager
Ms. Fisher joined the firm in 2001 as a Senior Portfolio Manager and is a member of the Private Client Investment Policy Group. Before joining Bernstein, she spent 15 years at J.P. Morgan, most recently as a managing director advising banks on acquisitions, divestitures, and financing techniques. Earlier in her career, Ms. Fisher was an equity analyst at Morgan Stanley, covering bank stocks, and an economic research analyst at the Federal Reserve Bank of New York. She graduated from Bates College with a B.A. in economics, magna cum laude, and earned an M.B.A. in finance from New York University