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Newspaper
Sikeston Herald
Location
Sikeston, Missouri, United States of America
Date
Jan 01, 1948
Page
5
BUSINESS Watch after November 2 1948. COMMODITIES wholesale price peak in sight. TAXES personal income taxes lower. LABOR wageworkers to use Taft Hartley Bill as check on labor leaders. REAL ESTATE increased suburban building. POLITICS election year propaganda. STOCKS a year for switching. BONDS low coupon rate long term bonds will be lower.
Babson predicts 1948 largely mirrors 1947 with less favorable fundamentals and expected price pressures. He warns of potential price controls on scarce goods, ongoing war preparations, higher retail prices, and varied federal and tax shifts shaping inflation and employment.
The forecast outlines inflation staying through 1948 with stable currency policy, production catching up to consumption, and investigations into prices. It predicts political blame games, stock diversification, cautious buyers, and a broad market view including bonds, taxes, and real estate trends through 1948. It notes wage and coal miner earnings.
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