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Roger Babsons 1961 forecast political and economic outlook
Babson divides his 1961 forecast into eight sections. He expects Kennedy to be cautious with reforms, predicts little inflation, a possible dollar standstill, and a shift toward bonds over stocks. He warns against gold devaluation, notes modest farm income gains, and foresees stable to rising interior municipal bonds, with unemployment inching up and labor disputes limited. Global tensions and Latin American Communist activity loom, while the world remains unsettled despite a generally cautious domestic outlook.
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