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BOOK Waiting by Ha Jin "A fascinating look at marital bonds."

Author: /time Magazine | Title: Enthusiasms: May 7, 2001 | 5/7/2001 | See Source »

Long ago, Charles Lindbergh embodied the chivalric attraction of flight - the lone eagle, soaring without boundaries in the purity of the upper air: "O, I have slipped the surly bonds of earth/ and climbed the sky on laughter-silvered wings." The aviation industry, with a sort of corrupt nostalgia, still...

Author: /time Magazine | Title: Airline Pollution: The Sky Has Its Limits | 5/7/2001 | See Source »

When interest rates on short-term government debt shoot past those on long-term bonds, it is a phenomenon known as an inverted yield curve. And it's bad. Normally, investors with longer-term debt receive a higher interest-rate payment than those holding shorter-term securities. That's because...

Author: /time Magazine | Title: How We Missed Signs Of A Slowdown | 4/30/2001 | See Source »

But in January 2000, the unusual happened. The Federal Reserve's tight monetary policy led short-term interest rates to climb close to 7%, while bonds were around 5%. An inverted yield curve is one of the most reliable predictors of tough economic times ahead. Eight of the past nine...

Author: /time Magazine | Title: How We Missed Signs Of A Slowdown | 4/30/2001 | See Source »

HISTORY LESSON Stocks are down, bonds are up, investors are reeling. "Don't make any reactionary moves," says Doug Lockwood, head of investor education at AmericanCentury.com The site's workshop and fund adviser help rebalance portfolios, with more than seven decades of market data to show the long-term benefits...

Author: /time Magazine | Title: In Brief: Apr. 23, 2001 | 4/23/2001 | See Source »

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