A Ripon College economics professor says people need to take a deep breath following the stock market free fall this week. Professor Paul Schoofs says ironically the concern was that if the economy gets much stronger it could touch off inflation. But Schoofs says the market has to correct itself before the bull market can continue. “I think a lot of people who are actively involved in stock market transactions are going to be relieved and say we’ve had that correction that was so long overdue, now we can get back to more normal stock market activity and longer term growth,”
Schoofs told WFDL news. Schoofs says overall the economic outlook for 2018 is good. The Dow Jones gained 567 points Tuesday after losing 1175 points the day before.
Written by: Radio Plus
photo: waupun mayor rohn bishop The Waupun Common Council has postponed action on wage increases for paid on call firefighters and elected officials to get more public input. The council discussed the matter, sometimes heated, at their meeting this week and will take up the issue again at their April 8th meeting. If […]
todayMarch 27, 2025
A house fire near New Holstein claimed the life of a child. Shortly after 2am Wednesday firefighters were called to the scene on Honeymoon Hill Road near County Road T. A child in the home was pronounced dead at a hospital. The cause of the fire remains under investigation.
todayMarch 27, 2025
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