As stock prices peak, markets begin to fear threats
Trader John Doyle works July 16 on the floor of the New York Stock Exchange.
AP Photo/Richard Drew
NEW YORK With the U.S. economy humming, corporate profits flowing and stock prices peaking, investors on Wall Street are beginning to pose an anxious question: Is it all downhill from here?
Financial markets are always trying to set prices now for where the economy and corporate profits are likely to be in the future. And even though readings across the economy are still at eye-popping levels, investors see some areas of concern.
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THERE was plenty to celebrate in Llangollen this weekend. The Llangollen International Musical Eisteddfod was streamed across the world and MP for Clwyd South, Simon Baynes, praised the organisers, thanking them for the effort involved in coordinating a full digital programme of competitions and concerts. During a series of visits around Llangollen, Mr Baynes also visited the patchwork fabric artwork currently covering Llangollen bridge. Mr Baynes said: “As the Llangollen International Musical Eisteddfod began this weekend, I was pleased to pop along and see for myself the 60m patchwork fabric artwork covering Llangollen bridge which was designed by international artist Luke Jerram, fans of the Eisteddfod and the friends and families of people participating.