Market's Downturn Sparks Inflation Debate and Earnings Doubts
The stock market slides to its yearly low as inflation talk dominates. Analysts cite cautious business psychology, third quarter profit previews, and high stock valuations. Some fear a delayed boom, while others warn of a potential recession from tight money and reduced military spending. Uncertainty colors overall outlook across industry and geopolitics.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Stock Exchange
Governa Corporations
Indi
Russia
Middle
Far East
Lingerie Display Promises Silk Crepe and Satin Styles
A fashion note describes Read's Third Floor lingerie with a dash of flair. It highlights varied patterns in silk crepe and satin, featuring white and pastel backgrounds with floral borders and all over designs. Colors include white pink blues orchid grey beige turquoise green.
Rotary Club to See Grand Prix Race Film
John Fitch of Lime Rock will address the Rotary Club meeting at 12:15 p.m. in the Stratfield hotel to introduce an Amoco sound film Twelve To Go about the Sebring Grand Prix sports car race. Fitch, a Lime Rock Park director and racer, notes the track near Lakeville hosted the East’s newest national championship events last June.
MENTIONED IN THIS ARTICLE
Rotary Club
John Fitch
Lime Rock
Stratfield Hotel
Sebring
Also Mentioned on This Page
American Industry
Business Mirror
By Sam Dawson
Children’s Wear
Read
Miss Jane James
Revlon
Read's
Edison
Tricot
Futurama
Eeeeeeee
Eeereos
Pat
Reviow Booth
Read's Street
Read’s Street
Main Street
Bridgeport
Conn