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Trade Winds Stock Market Nearing Downgraded Uplink Outlook
Wall Street analysts say three factors could reverse the downtrend: a reversal of tight Fed policy, an oversold bounce, or a Paris peace breakthrough. Most see limited gains as earnings prospects and deflation pressures cap rallies, with Fed chair Williams Martin pledging to keep restraint through 1969. Auto production trims and strong used-truck markets add volatility amid high inventory and global wage pressures in France.
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