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Author:Cooper, J.
Madigan, K.
Title:Economists expect little trouble in paradise
Journal:Business Week
1996 : DEC 30, VOL. 3492:822, p. 36-38
Index terms:FOREIGN INVESTMENT
ECONOMICS
GROWTH
Language:eng
Abstract:The 1996 economy is a tough act to follow. Its mix of solid growth, low inflation, no interest-rate hikes by the Federal Reserve, and healthy corporate profits was heaven for Wall Street. Can this investors' paradise continue? Business Week expects a generally investor-friendly economy in 1997. Recession is not on the radar screen, especially given strong labour markets, low interest rates, and manageable inventories. Also, the New Economy forces of competition and technology will continue to restrain inflation.
SCIMA record nr: 155616
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