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Wall Street Faces Tight Money and Inflation Pressures
A late 1960s era analysis argues that a bear market looms as money tightens and credit shrinks. It notes Fed restraint, rising interest rates, and weaker collateral values squeezing banks and dampening investment, with implications for corporate profits and the long term stock market rally.
MENTIONED IN THIS ARTICLE
Reserve Board
New York Stock Exchange
Wall Street
Southern California Edison
U.S. Rubber
Chrysler Corp
Europe
U.S
General Electric
Federated Department Stores
Monsanto
Atlantic Acceptance Co
Canada
Atlantic
Hamelin
Kennedy- Johnson
Truman
Eissenhower