Business: Prophets vs. Market

An episode occurred recently of more than passing interest to those who, in lieu of using their own judgment regarding future business conditions, depend upon the several professional purveyors of business advice.

A gentleman, eminent not only for his striking comments on the progress of business affairs but also for the success with which he has sold them, recently informed the investing public who subscribed to his "service," that the time had come to purchase stocks for investment. Scarcely had this statement been printed and placed in his subscribers' hands, along with...

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