Stock Market Break Signals Inflation Pause Hopes
Western Newspaper Union reports a 17 point stock decline driven by foreign news and psychological factors. Analysts question inflation’s bite, noting wages and prices rise faster than stock profits while GM and tomato prices diverge, amid debates on stabilization and policy impact.
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New York
Russia
General Motors
Amsterdam
England
Truman cools toward press after Bermuda trip
President Truman grows distant from reporters after the Williamsburg yacht gathering. Off the record talks leaked, angering him and shifting his trust away from the press. He directs stricter limits on questions during the Bermuda visit.
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Truman
Bermuda
Hard Rock
Williamsburg
Chester Bowles
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Time Magazine
Edward Lockett
Time
Lockett
Chicago Sun
Tom Reynolds
Charlie Ross
Rhode Island
Theodore Green
Jimmy Byrnes
Germany
Byrnes
United States
Great Britain
Russia
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