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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 25, 1970
Page
7
A North American Newspaper Alliance analysis notes stock prices remain depressed as valuations fall from 50 to 25 or 15 dollars while buyers chase numbers over fundamentals. It warns of slower net worth growth, rising debt, high labor costs, and tighter profits, with potential 1971 tax hikes and continued fund shifts to bonds.
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