European Stars And Stripes (Newspaper) - June 9, 1985, Darmstadt, Hesse                                Page 20 the stars and stripes june 1985 talk of recession Doest scare Wall Street by c met Currier a business writer new York in the paradoxical style for which it is the Stock mar Ket has been hitting record highs lately As talk has spread on Wall Street of a business the economic recovery and expansion thai began in the United states in late 1982 has lately shown Many signs of slow More and More analysts have begun using the word recession in their assess ments of the Stock traders Are by no Means heedless of that but they seem convinced that whatever drop off occurs will be neither Long nor and will be followed by a resurgence of the economist Pierre Rinfret said he believes the Economy is headed into a declining interest rates and Strong housing demand will keep the recession Short and he the Federal reserves relatively easy monetary policy is softening the decline in the the severe 198182 recessions resulted from material excesses in prices and interest today we have Little no excess inventory no commodity Price no John analyst at Dean Witter Reynolds said that the status of the Economy might already be described As a growth recession a period in which total output grows Only slightly and unemployment he the entire period since june 1984 can be characterized As a growth since the Economy limped along at percent growth and the unemployment rate ticked in times like optimistic investors Are said to be willing to look across the Valley to the upswing in business conditions that is expected to follow a the Dow Jones Industrial with a Rise to set record highs for the third straight the new York Stock Exchange composite Index climbed to while the american Stock Exchange Market value Index dropped to big Board volume averaged Mil lion shares a million the week the Economy still faces a difficult transition said Roger Brinner at the forecasting firm of data resources after a Long period of expanding deficit spending by the he of this stimulus to the Economy appears to be he the Federal Reserve has signalled its willingness to Buffer the initial Shock of lower Federal spending by cutting the discount and Federal funds while Strong imports and weak capital spending present near term the medium term Outlook for the Economy is More favourable than in a Long the american of is not a homogeneous service industries Are while the manufacturing and agricultural sectors Are plagued with As we see said Robert economist at Hutton and the present path for the Economy shows signs of sluggishness and flirts with fund new York up prices on Mutual funds Friday june 1985 bid ask Harp invest Cap Gro Gen by Gintle Gro inc of and of shr Abt family ads Emro g grow la Sec inc Tull in Acorn cd a Lek 14 Afu lure aim funds con old or nov hid so Sumell i Alliance Cap Alii Hig Ami his Ami ill All Melq Alii Tec chem f surver am capital pm St corp by enter or exch f z 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