Abstract

Everybody's Business
Hutchison, Keith | January 24, 1948 issue

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This article focuses on the U.S. Stock Market. Since the beginning of the year the stock market has been dull and listless, with quotations tending to move lower. To the mystification and chagrin of men about Wall Street the dreary 1947 pattern seems to be rolling off the tape machines. In every other field business is booming. Customers scramble for goods; commodity markets are lively and only slightly perturbed by government investigations; real-estate speculation is active; capital investment goes on at a dizzy rate; jobs chase workers; production, profits, and prices hit new records. But with all this busy- prosperity, the supposed nerve center of the national economy consistently registers cold feet.

See Also:

SECURITIES industry -- United States; INVESTMENTS; STOCKS; CAPITAL investments; STOCK exchanges -- New York (N.Y.); NEW York (N.Y.); NEW York (State); UNITED States
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