Word: bullishness
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...times earnings at the bottom of the decline last October. But few security analysts are willing to "argue with the tape." i.e., what the market has done in the face of falling profits. As the market has picked up steam, more and more of them have become bullish. Only a minority last winter foresaw the rise. Some of that minority's present opinions...
...MIDWEST is neither as gloomy as New England nor as bullish as the South. One-industry towns such as Flint, Mich., where General Motors' Buick division laid off more than half its work force, have helped peak Michigan's unemployment to 415,000, or 14.3% of the labor force, and the highest figure since the war. Lorain, Ohio, where U.S. Steel laid off 3,500 of its 11,000-man National Tube Division, is also in deep recession. Peoria, Ill., where Caterpillar Tractor Co. laid off 6,000 of its 23,000 men, is getting ready to dispense...
...publisher of the now defunct Boston Post (TIME, Oct. 15, 1956), John Fox, 51, batted out a bullish financial column (pseudonym: Washington Waters) and choleric editorials for his paper, thus giving Post staffers their own version of the standard typewriter-testing sentence: "Quick John Fox jumped over the lazy editorial writer's back." Last week, after ten months of jumping over creditors' backs, fast-moving ex-Publisher Fox was finally arrested to face indictments charging him with nonpayment of $27,000 in wages to 93 Post staffers. After appearances before two judges and a brief sojourn in Suffolk...
...White, 55, a skilled Pentagon hand since 1948. Missing from all the gossip lists was the name of Strategic Air Commander Curtis LeMay, 50, one of the great military organizers of modern times, who does not wear a West Point ring (Ohio State '32) and is considered too bullish for the Washington china shop by the Pentagon's apostles of super-smoothness...
Opera's cheeriest cherub, Baritone Robert Weede, 53, euphoric title roler of the Broadway hit musical The Most Happy Fella, recalled his own slow rise in music. "Singing success must be gained too quickly nowadays," said he. His most significant case in point: bullish Movie Tenor Mario (The Great Caruso) Lanza...