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What does that mean? When news hits, the market doesn't parse which firms are most likely to benefit or suffer; all companies within an industry are either rewarded or punished. "A stock's fundamentals just aren't as important as things like currency appreciation and global growth expectations right now," says Savita Subramanian, the author of the report...
...assuming the "macro market" continues - and looking at certain measures like volatility, Merrill thinks it will continue at least into the first quarter of 2009 - does that mean you should pick out some industry-focused funds, or ETFs, to invest in? Well, maybe not. Keep in mind that you still have the daunting task of picking the right industries. What might be a sounder strategy, if you aren't satisfied with broad-based mutual funds and insist on playing games in the stock market, is finding stocks that haven't been tracking their...
...high-end store or ogled at by tourists in Harvard Yard surprised to see a black person in a Harvard sweater. I do not expect anyone who has not experienced it to understand what it feels like to be called nigger. Obama’s victory cannot mean the same thing for all Americans. But if there is anything his victory has taught us, it is that we are not such a divided people as we have been told we are for the past eight years. This makes Obama’s victory as a black man special, not just...
...Although the black community has appropriated Obama as a black hero, this does not mean that he cannot be an American hero as well. The two have been considered mutually exclusive for so long that I am afraid people have begun to believe it. But did the fact that Martin Luther King Jr. was a black hero preclude him from being an American hero? Did his achievements as a man mean something only because he was a black man? Are our goals as Americans really so different that a black hero cannot promote the same values as an American hero...
...Evangelical side, Mohler told TIME that religious conservatives see the threat from the gay rights' agenda as much broader than just an affront to traditional notions of marriage. "Full normalization of homosexuality would eventually mean the end to all morals legislation of any kind," he says, echoing the line of reasoning made famous by Supreme Court Justice Antonin Scalia in his dissent in the high court's 2003 decision striking down state laws that made gay sex a crime. (See the Top 10 ballot measures...