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Viet War Shapes Wall Street and Economic Outlook
Viet Nam conflict shadows markets as traders retreat and stock prices dip briefly. Gardner Ackley cautions that growth goals depend on tax cuts or spending, with war costs potentially raising deficits and shifting emphasis to fiscal measures and defense budgeting.
MENTIONED IN THIS ARTICLE
Viet Nam
SS Con
U.S
Gardner Ackley
Council of Economic Advisers
Joint
House-Senate
Treasury
Ackley