George S. Cole
George S. Cole Articles
Blue Chips Rally, Other Averages Lag
Spurred by a stronger bond market, the Dow Jones industrial Average soared 312 points (nearly 5%) to 6704 last week, thus recovering about half the loss experienced since its early March peak. The S...
Economy Strong, Wholesale Prices Decline
Economic data released this week show robust economic growth and contained inflation. Retail sales were strong in February, while January was upward revised sharply. Industrial production posted a...
Stocks Firm, Gold Plunges
Bolstered by reassuring comments from Fed Chairman Greenspan and a modest bond rally after the latest monthly employment report showed little wage inflation despite strong job growth, the Dow Industrials managed...
