Optimists Pessimists Cautious View on Gold Stocks in 1964
In 1964 the pace of gold stock changes prompts optimistic belief in steady growth through 1965, while pessimists cite April to May shifts as signs of a slowing economy. The cautious view urges focus on long term trends beyond monthly moves, amid references to President Johnson and national income.
MENTIONED IN THIS ARTICLE
United States
Johnson
Economic outlook flags contrasts in deficit and trade
Optimists point to shrinking balance of payments deficit in early year data while pessimists note a dip in exports in April and higher imports. Analysts caution that real test lies ahead as demand, tourism, and foreign demand influence the outlook amid evolving global conditions.
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