Wall Street Split Over Future Interest Rates Tug of War
The article contrasts Kaufman and Volcker on interest rates with Wall Street players weighing in. Kaufman warns of rising rates later this year or in 1983 while Volcker expects rates to fall as inflation eases. Analysts debate the coming shape of the credit and bond markets amid a shifting economy.
MENTIONED IN THIS ARTICLE
Wall Street
Kaufman and Volcker
Outlook
Ron Scherer
Christian Science Monitor
New York
Henry Kaufman
Paul Volcker
Kaufman
Salomon Brothers
Venice
Volcker
Federal Reserve Board
Vancouver
British Columbia
Ron Anderson
Fidelity Management & Research
Monte Gordon
Dreyfus Corporation
Gordon
Kaniman
Walter Peters
Unicorn Group
Manufacturers Hanover Trust
Marc Goloven
Anderson
Fidelity
Edward Yardens
E. F. Hutton & Company Inc
Savings and Loan
S&l
Mark Alpert
Bear Stearns & Co. Inc
Alpert
California
S&L’s
Citibank
Treasury
Congress
DeLorean workers in Ireland protest closure by sit-in
A DeLorean Motor Co. plant in Ireland remains under a sit-in as workers protest the plant shutdown amid dwindling luxury car sales. One worker stands atop unsold cars in the DeLorean compound to push the point, with UPI reporting.
MENTIONED IN THIS ARTICLE
DeLorean Motor Co
Ireland
DeLorean Compound
UPI
Opening stocks mixed as market opens on cautious footing
The New York market opened mixed with the Dow steady near 819.54 after a half hour as more stocks fell than rose. Economists weigh recovery against high rates amid Treasury deficits while the Fed signals money supply trends and potential policy shifts. The Dow slipped 5.42 to 819.54 on the week, NYSE volume was 43.90 million, and the AMEX rose to 271.23.
MENTIONED IN THIS ARTICLE
Dow Jones
International Harvester
Cities Service
Mesa Petroleum
New York
New York Stock Exchange
Federal Reserve Board
Fed
NYSE
American Stock Exchange
Lorain County construction contracts plunge in April
April contract values in Lorain County plummeted 69 percent from a year earlier. Non-residential work fell 96 percent and residential activity dropped 52 percent. year to date, non-residential and residential construction also declined nationwide in Ohio.
MENTIONED IN THIS ARTICLE
Ohio
Lorain Cenny
National Association of Realtors
Jack Carlson
Association
Carlson
West
North Central
Thieves target older American cars per Money Magazine
Money Magazine 1980 statistics show Chevrolet Caprice Classic and other full size cars most stolen while subcompacts like the Chevette and Fiesta are less at risk. Anti theft tips include simple alarms and fuel cutoff devices.
MENTIONED IN THIS ARTICLE
Money Magazine
Also Mentioned on This Page
Polarod
Fiat
Ford Motor
Alleim
GenDyn
RCA
Amdurlines
RepSteel
GTE Arms Rockwil
Armco
GulfOil
Bendix HannaMin
BethSt IngRad
Kellogg
CocaCol
Kroger
UnCarb Wal Inc
Consup
DetEdis
Monsanto
Haleoyl Inc
Lotrola
Eastern Air
Nabisco
Imon
Wall Stee
Westhe
Eaton
Owenill
Evansp
Pan Am Air
ExxonCp
Xerox Cp
Firstone Om
Persie
Zenthr
A.m
Pierre R Smit
Acme Cleve
AmerMack Prasyous AmerShip Building
Cleveland
CPC Inter
Ine
Excello
Freehauf
Ich
Tc, Industries
Siegler Plus
Continent Tel
National
Oncem
Parker Hannifin
Searle
Cosa Southern Co
Teves Lines
Tim Pacife Corp F
Columbus, Ohio
Towny Sharpe
Sharpe
Central Ohio
The
Associated General Contractors
Central Ohio Erectors Association
Leo Jones
Associated General Contractors Central Ohio
Chevrolet
Greater
Home Builders Association of
Lorain County
Northfield Park
Northfield Township
Coliseum
Richfield
Small Business Administration
Better Business Bureau
Ticketres
Columbus
Granda Ain Sonty
Gronda
Watalie Heeson
Chm
Frank Katrick
Lovet
Maes
Northern Savings & Loan
NortHer Savings and Loan Company
Elyria
Lorain
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