Word: argumentativeness
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Those are solid, fundamental reasons to give big stocks another look. But the most compelling argument has to do with how fads come and go on Wall Street. Large-cap companies (generally defined as those with a market capitalization, or value, of more than $10 billion) have been all but forgotten. The S&P 500 (big firms) is down 13% since the end of 1999. Yet since then, the S&P small-cap index is up a breathtaking...
...usual argument put forth by global-warming skeptics for why we shouldn't rush to do anything yet is that the science behind climate change is uncertain--and in fact it is. While there's little doubt that humans are helping heat up the planet, the questions of how much, how quickly and leading to what consequences are fiendishly difficult to pin down. That's because the actual climate is still far more complicated than any existing computer model can accurately reflect, making predictions iffy at best. Some natural processes nobody has yet thought of could end up blunting...
Military officers say that the performance of female soldiers in Iraq offers little evidence to back a common argument against the use of women in combat: that they are more likely than men to panic under fire. Marine Colonel Bob Chase, who oversees the training of new Marine officers in Quantico, Va., says that last June, hours after a roadside bomb near Fallujah killed four Marines, including three women, and injured 11 other women, a female Marine officer pulled him aside. Standing with her were more than a dozen other female Marines. "We want to take their place," the officer...
...before the interim government came in," fearing Iraq's new rulers might strip the Kurds of rights to negotiate their own energy deals. It was a risky move, since politicians were bitterly divided over who would control Iraq's massive oil resources under a new constitution. Yet as that argument raged, DNO quietly hired the seismic company Terra Seis (Malta) Ltd. to survey its area. The results were stunningly clear. "We could tell very quickly that there was structure containing hydrocarbons," says Kevin Plintz, a Canadian geophysicist who owns Terra Seis and oversaw the work...
...Power Politics In his column "Be Careful What You Wish For," Michael Elliott referred to political scientist Michael Mandelbaum's argument that the U.S. has promoted global security by reducing the threat of world war [Jan. 23]. In quoting Mandelbaum's theories, Elliott evokes the prominent role of the U.S. during the past few decades in the peacemaking processes around the world. Elliott deplores the loneliness of the U.S. in its quest for a steadier Kosovo or Bosnia, denouncing the lack of Europe's commitment. Elliott may have forgotten that in both places, Kosovo and Bosnia, American and European soldiers...