Business & Finance: Gloom?

Amid the babel of conflicting opinions during the past week, on the future probabilities in business, one strong and uncompromising attitude became conspicuous. This was the "bearishness" of Wall Street.

Now the opinion of the business future conveyed through stock market prices is not always right. But neither can it be casually disregarded as merely manipulation. The accuracy of the stock market as a barometer, when one impartially checks the matter up, is impressive. And the stock market during the past week has been quite gloomy as to the industrial conditions just around...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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