Word: realism
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...discourage investors from buying market leaders as they hit new highs," he says. "Too often the highs are death rattles. The really sophisticated investors are liquidating at each rally." Most impressive argument offered by the bears to support their position lay in the hard-won new realism of ordinary investors about growth and the price-earnings ratio. From now on, says Bache's Gordon, "prices of stocks will not increase unless we can really see proof of growth in earnings." Only slightly less pessimistically, E. F. Hutton & Co. Partner Robert Stovall warns: "You don't heal a blast...
...this spirit, Poland offers good fiction, interesting articles, beautiful art reproductions (very frequently in the modern styles which have been attacked in Russia as opposed to the essence of Socialist Realism), a letters-to-the-editor column, film reviews, and fine features on aspects of Polish life. It is the kind of magazine one can easily leave around to impress visitors, and if it were not called "Poland," it would probably be taken for an expensive Western European monthly. Consequently, Poland is the only one of the three magazines that does not alienate its audience sooner (China) or later (USSR...
...with Stalin, suppressed in Yugoslavia but published this week in the U.S. by Harcourt Brace. In addition to re-airing Tito's bitter 1948 break with Moscow-at a time when Soviet-Yugoslav relations are steadily growing cozier-Djilas provides some choice examples of Stalin's political realism...
Died. Franz Josef Kline, 51, a leader in Manhattan's stronghold of abstract expressionism, a rugged, academically adept Pennsylvanian who, after early attempts at barroom-scene realism ($5 apiece), found his forte in 1950 with the lunging black-and-white calligraphy (as much as $14,000 apiece) that won him permanent wall space in the U.S.'s great museums and some derision ("Chinese laundry tickets"), who explained his aggressive oils as "not the things f see but the feelings they arouse in me"; of a heart attack; in Manhattan...
Cayette's direction reflects his concern for simplicity--clearly he believes that visible traces of the director should be suppressed. He avoids acrobatic photography and specious moralizing and presents his movie with wonderful honesty and realism. Every setting seems perfectly correct, yet the background never distracts attention from the actors. His photography is direct, only occasionally adding a touch of subtle decoration to emotions it portrays...