1. Climbing higher.
- Subjects
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MUTUAL funds , *STOCK price forecasting , *GOVERNMENT securities , *FORECASTING , *RATES - Abstract
Says the bull market in American shares is continuing to defy predictions of its imminent demise. Shares continue to rise because there is no good cause for them to fall; Healthy environment for equity investors; Yields on ten-year Treasury bonds likely to decline from current level; Interest-rate picture relatively benign; Improving corporate earnings; Investors pouring money into mutual funds.
- Published
- 1994