Investment Figures Of The Week

Stocks meandered all week, awaiting the resolution of the battle in the bond 
      market over the direction of interest rates. Rates appeared to stabilize, 
      though at higher levels than before the Federal Reserve's Feb. 4 announcement 
      of a monetary tightening in order to ward off inflation. The markets haven't 
      figured out yet whether Chairman Greenspan is boxing with a phantom or whether 
      inflation is a real threat soon to emerge in full force. Until they do, markets 
      will perform listlessly.

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