Templeton predicts Dow 3000 as stocks look cheap
Renowned investor John Templeton tells Financial Times News Service that the Dow Jones could reach 3000 within seven to eight years as inflation supports profits and shares trade below book value. He notes low price earnings ratios, widespread stock buybacks, and strong takeover activity as signs of a favorable market.
MENTIONED IN THIS ARTICLE
Financial Times
New York
U.S
John Templeton
Templeton
Templeton World Fund
Templeton Global Fund
United States
Interest rates threaten economy more than low dollar
Seymour Friedland argues in Toronto that high Canadian interest rates pose a greater threat than the falling dollar. He cites inflation, production declines, and Bank of Canada policy, urging a rapid rise in M1 to lower rates and avert deeper economic collapse.
MENTIONED IN THIS ARTICLE
Seymour Friedland
Financial Times
Toronto
U.S
Chase Manhattan Bank
Canada
United States
Italy
Canda
al Jolson
Ottawa
France
Bank of Canada
Bank of Canada Hs
Winnipeg aero firm gains US Asia markets with 7.7 million buys
Winnipeg based Standard Aero Ltd acquires SPAD Aircraft Parts of San Jose and IMI Inc of Seattle for 7.7 million, expanding to US southwest and overseas markets. SPAD liabilities and assets assumed. IMI paid with convertible preferred shares of Federal Industries. Both firms post 13 million in sales and 70 staff.
MENTIONED IN THIS ARTICLE
Winnipeg
United States
Asia
U.S
John Baatz
Standard Aero Ltd
SPAD
San Jose
Calif
IMI Inc
Seattle
Wash
Baatz
U.S. Southwest
Alaska Transportation Co
IMI
Federal Industries Ltd
Standard Aero
Japan
Southeast Asia
Atlantic and
Pacific
Detroit Diesel Allison
General Motors
Also Mentioned on This Page
THE
Medicine Hat News
Dow Jones
Michael L. Geczi
Pedersen
Bent Pedersen
8Th St. N.W. Crescent Hts
William Mulholland
Bank of Montreal
United Kingdom
Chase Manhattan
Switzerland
Alberta
Archaeological Survey of Alberta
Alberta Culture Archaeological Survey of Alberta
Edmonton
Culture Archaeological Survey
Royal Trust
Medicine Hat Mall
Mortgage Dept
Winnipeg Jets
7Th St
A. Murray Sihvon
Randall L. Pick
A. Murray Sihvon Professional Corporation
Dunmore Road
S.E. Medicine Hat
Greyhound
Calgary
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!