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Economy / Consumer Prices, Stock Market #297109

CBS Evening News for Tuesday, May 22, 1984
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(Studio) Consumer price index for April and first quarter inflation rate discussed.
REPORTER: Dan Rather

(NYC) Implications for nation's economy recovery of slump in stock market examined. STK. MKT. REPORT [Economics Editor YARDENI - thinks investors are finally recognizing conflict between government's financial needs and private sector's needs.] Rel. between private savings accts. and borrowing by consumers, government and business and impact on stock market explained. [YARDENI - is concerned over possible recession next year] Persian Gulf crisis mentioned factor in today's selling.

Brady, Ray;
Rather, Dan

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