Forecaster predicts changes in economy and market by year end
John Wright of Wright Investors Service says the current stock surge does not signal a new bull market yet. He expects a shift when monetary policy eases and the economy improves, forecasting a rise in both the economy and stock market by late October, with rates finally loosening.
MENTIONED IN THIS ARTICLE
New York
John Wright
Wright
Wright Investors’ Service
Henry Kaufman
Salomon Brothers
Federal Reserve
Fed
Credit unions banks uninsured deposits in Penn Square Bank
Credit unions in 30 states and the District of Columbia held funds above the $100,000 government insurance limit in the Penn Square Bank failure. Regulators told Congress that 132 federally insured unions had uninsured deposits totaling $104.1 million, with California Oklahoma Missouri New York Florida and Michigan accounting for nearly half. Regulators say no losses to credit union depositors have occurred and no claims against the insurance fund were made.
MENTIONED IN THIS ARTICLE
Washington
District of Columbia
Penn Square Bank
Oklahoma
Congress
California
Missouri
New York
Florida
Michigan
National Credit Union Administration
House
Subcommittee On Commerce, Consumer and Monetary Affairs
MAUD
Massachusetts
Texas
Oregon
Illinois
Ohio
Institut
Penn Square
Wendell Sebastian
Credit Union Insurance Et A
The
Credit Union Administration
Federal Deposit Insurance Corp
National Credit Union Share Insurance Fund
S&ls
S&l
Credit Union
IMF urges continued anti inflation fight despite slow growth
The IMF warns that despite progress in cutting inflation, 1982 will again show weak global growth. Sluggish output, rising unemployment, high interest rates, and growing debts plague both industrial and developing nations. The fund urges sticking to restrictive policies to avoid a worse stagflation scenario and to set the stage for lasting prosperity.
MENTIONED IN THIS ARTICLE
Washington
International Monetary Fund
Lendin Organization
IMF
Mexico
Red Horse Listed in Mobil Travel Guide
The Red Horse Steak House and Meter Inn in Frederick appears in the 192 edition of the Mobil Travel Guide. The guide lists more than 20,000 restaurants hotels motels and resorts with star ratings and regional detail. It notes Mobil inspectors rate establishments to ensure impartial evaluations.
MENTIONED IN THIS ARTICLE
Red Horse Steak House & Meter Inn
Frederick
Mobil
Electric Energy in Maryland 1982 Fact Book released
The Maryland Electric Utility Council announced the free publication of Electric Energy in Maryland: 1982 Fact Book. It profiles Maryland's 14 electric utilities and is now in its third edition, with nearly 10 000 copies distributed to media legislators educators and others seeking state energy data. For copies contact Suite 404 36 S Charles St Baltimore MD 21201 (301) 962-5555.
MENTIONED IN THIS ARTICLE
Maryland Electric Utility Council
Maryland
Clement E. Gardiner
Maryland — District of Columbia Utilities Asan
S. Charles
Baltimore
Also Mentioned on This Page
John Canniff
Treasury
Dow Jones
Erens
Oklahank
CETA
U.S. Department of Labor
Kathleen Hail
Bigby Piace Meay
Rowe Price
T. Rowe Price
T. Rowe Price Growth Stock Fund
N.V.A
Standard & Poor
Price New Horizons Fund
N.A.V
Price New Era Fund
Downlon Natwest Reguinees
Nff
U.S
Soviet Union
Radio Shack
Prote Lt
Computer Center A Division OF
Tandy Corporation
Frederick Frederick
Hagerstown
Alig Pn
Alph Port
Undgd
Balt GE
Black Dr
CSX Corp
Clorox
Cocatl
Comsat
Exxon
Fairchild Ind
Fst Md Bae
Fedders GenMotors
Alletar
Giant St
Gulf Oil
Hewip
Ipm
Kmart
Litton
Marriott Corp Md Na' D
Mercantile Bokshi
No A Phil
Penney
Peep Dr
Plantro
Potom el
Safewy
Sears
Tandy
Texaco
USFG
Warner L
Whittak
Woolworth
Baker Watts & Co
Fred
Ath
H Auquet
Fa Miguia
Othrough
Urbana Pike
Evergreen
Frederick, Maryland
Red Horse
Municipal Bond Insurance Association
Standard & Poor's Corporation
Baker, Watts & Co
N.Y. Stock Exchange, Inc
SIPC
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