The Bear & the Bull
Sir:
This looks like it! And if it is the long overdue end of the longest bull market on record [June 1], there is the sure knowledge that stocks, like the phoenix, will rise again. Meanwhile, there is a strong possibility that a certain currently popular smoothie may prove to be the Democrats' Hoover.
Cheer up! And whistle a happy tune.
OWEN BALDWIN
Kingston, Mass.
Sir:
Washington is packed with "book-headed" boy wonders who couldn't successfully run a business, but they are going to tell others how.
JACK STIRES
El Centro, Calif.
Sir:
Our present bear market in stocks should prove no puzzle to anybody....