Word: mutualization
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...issued by the U.S. government - were the most soothing investments of all during the financial crisis. While stocks were losing more than half their value, 10-year Treasuries returned more than 10% during that May-to-March period. And so - big surprise - investors have poured $240 billion into bond mutual funds so far this year, according to the Investment Company Institute. Stock funds - despite a big rebound in stock prices since March - have taken in less than $15 billion. (See 10 things to buy during the recession...
...They lost money on their house, they lost money on stocks," says Tom Atteberry, co-manager of the FPA New Income mutual fund. "They put money in bonds because they think it's safe. Then interest rates are going to rise on them, and they're going to lose money on bonds...
...first time I heard Atteberry say this, I thought my ears needed cleaning. You see, FPA New Income is a bond fund - a very successful one. The mutual-fund raters at Morningstar named Atteberry and his co-manager and boss, Robert Rodriguez, 2008's fixed-income managers of the year. Yet Atteberry sees only trouble ahead. "I've got a bull market in bonds that's unsustainable," he contends. "It might last another six months. It might last another year. Is it going to last another three to five years? I don't think...
...Handshake is a greeting, an expression of trust, a mutual guarantee by two people that--at least in one hand--they carry no weapon. But it can also ensure a measure of distance and convey an articulation of reserve, as if its participants are thinking, Thus far and no further. A handshake is not a hug. There was little obvious warmth when Israel's Benjamin Netanyahu and the Palestinian Authority's Mahmoud Abbas met, under the stern gaze of Barack Obama, at the Waldorf-Astoria hotel in New York City. The history of their nations is littered with too many...
Sexual practices are a serious issue for many college students, but they should be governed by mutual respect between roommates, not by administrative decrees. The etiquette of having guests over to a communally inhabited space can be difficult. Yet college students must learn to handle these situations themselves. College represents an intermediate stage of independence; the maturity to deal with this kind of situation should be cultivated by students, not deferred to university sex regulators...