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...OUTLOOK: U.S. stocks and bonds remain the best value for investors around the world. Housing remains strong. And interest-rate cuts are lowering the cost of capital, so businesses may start to invest again next year. Meanwhile, be patriotic and spend that tax-refund check...

Author: /time Magazine | Title: The Global Stall | 9/3/2001 | See Source »

...OUTLOOK: Troubling. Economic populism seems to be making a comeback in the region, though protectionism never did Latin America much good. Argentina's stable for now--but for how long? Keep an eye on Brazil, which is the key to South America's economic stability. Mexican President Vicente Fox will have much to say to his pal Dubya in Washington next week...

Author: /time Magazine | Title: The Global Stall | 9/3/2001 | See Source »

...OUTLOOK: In January, 12 European countries will start using the same currency, which optimists hope will boost consumer spending. Tax cuts in Germany will start to find their way to pocketbooks. But red tape and regulation still inhibit the development of an entrepreneurial culture...

Author: /time Magazine | Title: The Global Stall | 9/3/2001 | See Source »

...OUTLOOK: Until the U.S. picks up, there's little hope for a recovery in Taiwan, Thailand and South Korea, which is facing economic-reform issues much like Japan's. The region's bright spot: China, boosted by high levels of foreign investment, may grow by 8% this year (if you believe the official figures...

Author: /time Magazine | Title: The Global Stall | 9/3/2001 | See Source »

...summer is over, and this economy needs its consumers more than ever. Business investment is still in precipitous decline. Inventory reduction may still have a long way to go. And the Fed is now seven rate cuts deep without having had any appreciable effect on either businesses? outlook or their stock prices. And the question on everyone?s lips, from Wall Street to the White House, is: Can consumers keep...

Author: /time Magazine | Title: Person of the Week: The American Consumer | 8/30/2001 | See Source »

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