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Business Outlook Ahead of Election in 1952
Eisenhower remains optimistic that economic strength will persist through the election. Employment and wages stay high, with retail sales robust. While stock market weakness could signal a recession, the current conditions differ from 1929 and 1937. Auto dealers and steel shortages influence Detroit and industry, but no imminent collapse is seen. The Fed’s tight credit aims to extend the boom, not hasten a drop, keeping prosperity likely through the next two months.
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J A. Livingston
Eisenhower
San Francisco
Santa Claus
You
Adlai Stevenson
Detroit
Wall Street
Federal Reserve Board
Eisenhower Jand Nixon