The Current Situation

American business experience includes many panics and crises as well as booms and periods of prosperity, and it is a matter of common knowledge that business prospects are apt to look rosiest just before the storm. Hence, many far-sighted business men have for some time been trying to find the secret worm in the present beautiful apple. Even the always optimistic motor makers underestimated just how well cars would sell this year. Many less enthusiastic lines of business have felt for some time that business is "too good"--a practically new complaint.