A rise in the stock-market level tends to cause stock-holders and business managers, and indirectly the general public, to spend money more freely. A drop in stock prices does the opposite. But the Federal Government, in the effort to avoid booms and busts, may make moves tending to contradict the stock market's forecasts. Obviously, it's a pretty complicated game. Published discussions of stock-market prices usually sound as if everyone were on one side of the market. "Heavy selling lasted all day.


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