Only a few weeks ago, economists were declaring that business was better than the sentiment about business. Last week the sentiment seemed to be better than business.
The 1,614 top executives polled by Dun & Bradstreet snorted bullishly over 1958 prospects: 91% expected that their sales would exceed or equal 1957; eight out of ten thought profits would be better or at least as good; only 1% expected to cut production. In Hollywood, Fla. 1,050 conventioneers at the Investment Bankers Association predicted that easier money will bolster the slump in capital investments, that record personal incomes will lift consumer buying to...
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