BANKING: Things to Come
At the annual convention of the Investment Bankers Association in Hollywood, Fla. last week, the San Francisco News polled the bankers on the outlook for U.S. business:
¶ 57% thought that there would be little change in overall business conditions in 1952; 22% predicted that the boom would be even bigger; 21% looked for some recession.
¶ 55% were against price controls, 45% for.
¶ More than 90% guessed there would be another round of wage increases.
¶ 46% thought there would be virtually no change in stock-market prices during 1952; 33% expected the market to drop; 21% predicted a rise.
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