Word: doubtful
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What are seasonal stock-market patterns pointing toward? Right now investors have a tremendous amount of doubt with respect to the stock market. With the economy just coming out of recession and stocks up more than 40% from the lows, people are thinking, 'It's gotta correct, it's gotta correct.' But historically, it doesn't have to correct, and that's what these seasonal patterns show - following big runs in the summertime, the stock market does not, on average, turn negative in the fall...
...year-old former model, Coddington moved behind the scenes after a car accident scarred her face. She arrived at American Vogue on the same day in July 1988 as Wintour. She, too, no doubt wears Prada, but the chief impression we get of her is that of a beautiful elderly hippie in droopy black sacks who drifts through Vogue's corridors in a haze of either artistic irritation or inspiration. If Wintour is the Pope (as one Vogue staffer calls the boss), Coddington is Michelangelo, trying to paint a fresh version of the Sistine Chapel 12 times a year amid...
...Inspector General's report released Monday there are references to the considerable doubt inside the CIA about interrogating prisoners of war. Although CIA management apparently never raised those doubts with its political bosses, the rank and file understood how little they themselves knew about interrogation. Few had ever conducted an interrogation, let alone an interrogation employing physical coercion. They also worried about the legal guidance coming out of the Department of Justice. (Read Five Revelations from the CIA Report...
Kennedy's death does seem to have brought about a temporary cease-fire, with at least one group that opposes the bill suspending its television advertising. But when Congress returns to Washington in September, few doubt that the war will resume with even greater force in the wake of an August recess that has seen dozens of town-hall meetings disrupted by raucous protests...
...history of American Catholicism will no doubt highlight the fact that John Kennedy had to prove that he wasn't too Catholic in order to win the presidency in 1960, and 40 years later, his brother watched as Democrats like Kerry faced down charges that they weren't Catholic enough. "Abortion is the big issue, and John Kennedy never had to directly confront that," says Shaun Casey, author of The Making of a Catholic President. "We'll never really know how he might have handled that." (Read "How the Democrats Got Religion...