Word: bonding
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Dates: during 2000-2009
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...several years. This is the good news we have all been waiting for. Yet Wall Street has been acting as if something were terribly wrong. Long-term interest rates are notching higher, a clear sign that some perceive the investment climate as riskier. The 10-year Treasury-bond yield hit 4.8% last Friday, up from 3.7% two months ago. Mortgage rates are jumping too. The Dow sank to its lowest level of the year last week, briefly dipping below...
...music is about popularity; performance is about personality. And an Idol contestant who gets over on charm or a touching story is in good company. Singers have always used biography, real or concocted, to bond with their audience: Robert Johnson selling his soul to the devil, Loretta Lynn growing up a coal miner's daughter. (If only Sid and Nancy had a reality show.) Who a singer is and how he or she lived don't just drive the audience's interest but, at best, inform the performance. In Porgy and Bess, for instance, Clara sings Summertime to her baby...
...built a flying car called the Airphibian, a high-wing monoplane, which on one occasion flew from Maine to California. One of his inventions was a precursor to the modern flight simulator; another, the Fulton Skyhook, designed to extract spies from enemy territory, was featured in the 1965 James Bond movie Thunderball...
...Qualia digital camera (available in June) is a techie piece de resistance, with styling that evokes Connery-era Bond. Thumb size and weighing just 2 oz., the camera comes in a leather-and-chrome briefcase with loads of accessories, from flash unit to telephoto lens to video-output connector for viewing shots on TV. The camera uses a thin lithium-ion battery and the smallest autofocus lens available and has only two buttons on its exterior. Image quality is a mere two megapixels, but some nice software tricks compensate for the lack of resolution...
...publicly traded companies, own things like office complexes, warehouses and shopping malls. They collect rent and pay out nearly all their income as dividends, which makes them well suited to investors who prize income. But as rates rise, REITs face more competition from other securities like bank CDs and bonds, which dampens REIT values. Still, the average REIT now yields 5.7%, way more than the 10-year Treasury bond...