Jobs Or Lower Prices Tough Choice To Make
AP analysis argues the U S faces a hard tradeoff between inflation and employment. The piece explores both sides, noting that neither full employment nor stable prices are easily achievable and that moderation of the business cycle may be the only realistic path amid global interdependence and policy debates.
MENTIONED IN THIS ARTICLE
Vietnam
Trade Winds Bull Market Spurs Economic Activity 1 Newspaper Alla
New York reports that Brookings study links stock gains to higher consumer spending and business outlays. Bosworth estimates a 10 point Dow rise yields 380 to 620 million in spending and 360 million in capex, with 130+ point rally boosting spending up to 8 billion and investment. Bullish traders expect Dow near 1100 midyear. Inflation risks flagged if demand surges, Fed may tighten after elections.
MENTIONED IN THIS ARTICLE
Alla
New York
Brookings Institution
Brookings
Barry Bosworth
Bosworth
Congress
Federal Reserve
Stock Market Closes Month of Gains With Rise
The Dow Jones industrial average finished at 975.28, up 21.38 from the prior Friday. The market ended a month of record gains and high trading activity with a strong close.
Local Business Openings and Appointments Noted
Business notes report Dancy Electric Co opening Monday at 335 N Main St with Larry Dancy as owner and chief executive officer. I-85 Mill Store hires Lou Loflin as buyer and coordinator, linked to Covert Textiles Inc. Governor names W. Adams to Insurance Advisory Board. Henley Paper Co. chief Nick Henley named secretary of Southeastern Paper Trade Association. NABW Winter Meeting set for Feb 5 in Hickory with Elizabeth Ingram listed. Federal Reserve data show Fifth District banks’ total loans and investments shifting in late January.
MENTIONED IN THIS ARTICLE
Lou Loflin
I-85
W. Green Drive
J. L. Covert
Ms. Loflin
Lizzie
Henley
Nick “Henley
Henley Paper Co
Southeastern Paper Trade Association, Inc
North Carolina
South Carolina
Virginia
Maryland
District of Columbia
Bank Women
Western
The
National Association of Bank Women
Howard Johnson Motor Lodge
Hickory
Elizabeth A. Ingram
Wachovia Bank & Trust Co
High Point
Federal Reserve Bank of Richmond
Fifth Federal Reserve District
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John Cunniff
Associated Press
Areremasen
Tntine Iter
M.daiy
Dow Jones
Pleamont Reit
Nil Bank
Socot N.C. Wa
American Furniture
Rmic Corp
Atlantic Pepsi
Ranail
Bankers Trust of
S.C
Sis
Cory
Brenner
Burris Inds
Sonace
Shoheys
Capri
SC Nattore
Sou
Ned. Cor
Eénnen Mllis
Ie ‘Caroling Cay
A. Steel Cara
Textiles Inc
Caro. Wise
Flo
Thalnimer Bros
Ato Carp Triangle Brick
Uniti Inc
Caro Bancshs
Dyrham Life
Fidel We
Care
Farmers New World
Unton Corp
Forsyth Bank & Trust
Franklin Litetas
Financiatronative nCorp
Fer Ivan Rubber Co
Sie Heltig Meyers Ata
Rickory Furr
Anvestment L&t
Tvey
Ensn
Jane's Co
Mom & Pop
Nene Corp
Nature Gas
Une
Norinnest Fin
Corp
Fininy Lite
Phillips Foscue
Plesmont Aviation
Howard Stutts
Larry Forrester
William Bell
Ilderton-Dodge Auto-Truck Leasing
Ray Hubbard
Awn Electrical
N. Main St
Larry Dancy
Dancylectric Co
Dancy
Warner Electrical Co
State Post
Appavat
W. Adams
Jim Jouser
N.C. Insurance Advisory Board
Adams
Prudential Insurance Co
Office For General Insurance
Financial Report
Iowa
Marilynn Deberry
James R. Pass
Mutual
James B
Pass, Kees
Wachovia Bank
N. Elm ST
Greensboro
W.H Rogers
Tol Pershing St, High Pont, ME
Gatewood Ave
Vernon Equipment Aa Company, Inc
New St
Aa Gren
Sneling
Jan Sedberry
Cee
Gatewood
Pet EE Shelby von Canon
Martha Ann Leichford
Cruise
Norfolk Special Group
Nerikarns
Greere
World Travel Agency
Carolina Motor Club
North Main St
N.C
Ens
Preat England
George P. Clark, C.L.A
Ed Lyon, Jr
C.L.A
Income & Capital Associates
Inu Ates