Emotional market swings reflect investor psychology on stock deals
The writer argues that emotions drive selling on the New York Stock Exchange, warning of future declines as investors abandon sound stocks for deteriorating dollars. They cite deficits, rising wages, inflation, and government policy as root causes, noting six million share days and late tick-tape. They advise caution and discuss bonds yielding five percent as alternatives.
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New Yorks Stock Exchange
America
Northern Pacific
Pennsylvania
Douglas Aircraft
New York
Orbit Club Purpose and Activities Summary
Orbit Club aims to unite adults aged 30 to 55 for sincere friendships through round table discussions and social activities. It seeks to help members cope with loss, build inner security, and improve self worth via events like card parties dancing and charity functions.
Inflation in America and Soviet Union Compared
Khrushchev defends wage and pension hikes by arguing Russia’s price rises reflect excess rubles and scarce butter. Western economists counter that communized agriculture underperforms, with inflation rooted in policy and defense spending. US inflation debate centers on wage price spiral, stock market gaps, and deficit funded growth versus tax cuts or more spending.
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Khrushchev
Khuishchev
United States
Caner
Washington
Cadillac Sets Sales Record for May Deliveries
Cadillac division of General Motors announced May car sales an all time monthly record with 13 218 units sold surpassing 13 161 set in May 1957. The 10 day May total of 133 deliveries was the greatest for any 10 day period in history lifting 1962 year to 1 11 183 cars.
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Detroit
Cadillac
General, Motors
Harold G. Warner
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