Word: lows
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Dates: during 2000-2009
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Printmakers are often embarrassed by prints in general - by print posters available online, or the canvas prints that design shops stock by the dozen. Tawdry works like these have brought Matisse or Warhol to countless college dorms and dental clinics, but their low cost and ubiquity means that printmaking is often seen as the art-world equivalent of a takeaway cheeseburger: cheap and insubstantial...
Makes sense, right? Stocks, risky. Bonds, safe. Or at least safer. But risk in financial markets has an irritating habit of following investors around. The big rush into bonds - especially high-quality, low-risk bonds such as Treasuries and government-guaranteed mortgage securities - may have created a situation in which most of today's bond investors are bound to lose money. Not 50% losses, as in the stock market, but losses nonetheless. Which for many newcomers to bonds will be a big shock...
...bond is about 3.5%. That could go lower - in fact, it did go lower at the height of the panic last fall, to just above 2%. But the likeliest future path for Treasury yields, Atteberry figures - on the basis of history and the fact that rates have been kept low this year by Federal Reserve purchases, investor demand and other factors - is up. If you own a 10-year Treasury bond yielding 3.5%, interest rates rising to 4% or 5% or higher mean your bond (with its rate stuck at 3.5%) falls in value. That's the logic of bonds...
...observation. Moore's narrator is Tassie, a rootless 20-year-old who signs on as a nanny with an unconventional couple who have adopted a baby. Moore totally overpowers Tassie with her brilliance--observing and recording with the laser eyes of an ancient sibyl, not a Midwestern undergraduate with low self-esteem. As the drifts of perfectly turned moments mount up about the reader's shoulders, along with a corresponding paucity of dramatic incident, forward motion becomes increasingly difficult. Moore is a great writer, but you wish that every once in a while, she would settle for just being good...
...recent study of 50 low- and middle-income working moms and dads, for instance, researchers at Cornell University found that only 40% of mothers said they had time to cook a meal at home five or more days a week. More than half the parents in the survey admitted that in order to accommodate their work hours, they ate in the car, opted for quick-fix solutions like frozen dinners, bought take-out meals on the way home or skipped meals instead of cooking. Some chose not to clock out--and give up wages--for a meal break. "There...