Business: Current Situation: Apr. 7, 1924

It has been said that without differences of opinion we could scarcely have stock exchanges—or horse races. Wall Street, after some months of optimism with reservations, has lately adopted an attitude of pessimism with reservations. Yet nothing particular happens. The price of shares tends to drag, and to decline fractionally, under the notion that since things cannot get better, they are morally bound to get worse.

...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!