Stocks have reached what looks like a permanently high plateau.

FISHER SEES STOCKS PERMANENTLY HIGH

Our society will always remain an unstable and explosive compound as long as political power is vested in the masses and economic power in the classes. In the end one of these powers will rule. Either the plutocracy will buy up the democracy, or the democracy will vote away the plutocracy.

Stocks have reached what looks like a permanently high plateau.

There may be a recession in stock prices, but not anything in the nature of a crash.

Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.

Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess