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...Hotchkis & Wiley Mid-Cap Value Fund is up 52% so far this year, making it the fifth-best performing mid-cap value fund this year, according to Morningstar. However, S&P believes the fund's "volatile longer-term performance should give investors cause for concern." It noted that the fund significantly lagged its peer average in 2007 and 2008, pushing it into the bottom quartile on a three- and five-year total return basis. Also, S&P analysts contend the fund's securities are currently overvalued and pose risk based on their growth and consistency when it comes to historical...

Author: /time Magazine | Title: Many Mutual Funds Are Up 50% in '09 — but Beware | 12/7/2009 | See Source »

...Obama conducted his ninth war council on Afghanistan shortly before Thanksgiving with a fresh face at the table: Peter Orszag, head of the Office of Management and Budget. The appearance of Obama's chief bookkeeper at what's likely to be the final Afghan war-cabinet meeting signals growing concern over the cost of a new war plan expected to include sending some 30,000 more troops into the fight...

Author: /time Magazine | Title: Spotlight: Paying for the Afghan War | 12/7/2009 | See Source »

...parliament by Ichiro Ozawa, the DPJ's 67-year-old secretary general and chief election strategist. By running a slate of female neophytes - many of them unknowns and outsiders - Ozawa drew fire from some pundits who accused him of offering up unfit candidates to capitalize on voters' increasing concern over Japan's worsening economic plight and their frustration with an ineffective political establishment. (See pictures of young Japanese women...

Author: /time Magazine | Title: Power to Japan's 'Princesses' | 12/7/2009 | See Source »

We’ve heard what the American critics have had to say about President Barack Obama’s speech on Tuesday night. On the left, critics voice concern that we are digging ourselves further into a very costly hole. On the right, the talking points were that the speech was insufficiently militant and that Obama failed to provide a sense of assured victory. But, then again, it’s hard to know exactly what the commentariat was looking for. Bill O’Reilly criticized that Tuesday’s speech “was no Gettysburg...

Author: By Clay A. Dumas | Title: Across the Pond | 12/4/2009 | See Source »

...darker—and more interesting—questions that the vampire myth raises. For one thing, the modern construction of the vampire no longer involves the idea that immortality comes with a price. Our society is no longer one in which eternal damnation is a huge concern, but the question of whether one must give up one’s soul in order to live forever remains compelling. Without some kind of sacrifice, like losing one’s humanity or having to prey on one’s former equals, it isn’t terribly clear...

Author: By Adrienne Y. Lee | Title: Raising the Stakes | 12/4/2009 | See Source »

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