Word: pasted
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Dates: during 1950-1959
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...Giacometti suddenly began producing tall, straw-thin stick men reminiscent of ancient Sardinian bronzes. His sculptures can be seen almost all the way around and dominate space instead of filling it. These new figures were universally acclaimed, but Giacometti went on destroying most of them. For the past year he has finished nothing...
Some bears counter that the reverse spread between stock and bond yields (see chart) will cause a shift in money from stocks to bonds. They argue that in the past, when bond yields have far exceeded those of stocks, the market has tumbled. But investors in today's market have shown little interest in getting highly taxed dividends; most are seeking capital gains, which are not only lower-taxed but are a hedge against inflation. Those who have shifted over the past year have had heavy losses, because prices of bonds have fallen-although their yields have risen accordingly...
...Over the past eight years Hawker Siddeley has built some 2,000 Hunters and profited handsomely; but the Hunter is obsolescent in the age of Mach 2 fighters, and orders for it are rapidly running...
...other hand, some economists are suspicious of such pat theories. They argue that the economic future is not necessarily a precise reflection of the past, that steps have already been taken to keep expansion from getting out of hand. "One way to moderate a recession," says Chase
...series of jumps. It has become so big and dynamic that when one of its major segments slacks off the pace, another segment begins to pick up speed. For these reasons, many economists believe that any future downturns are bound to be milder and briefer than in the past. Furthermore, the economy's built-in stabilizers are becoming steadily more effective. Unemployment funds and pension plans are rapidly covering more people with more dollars. The Federal Reserve Board has learned about increasing or cutting the money supply to help control the economy...