Word: peakedness
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--Bonds. Bond prices fall as long-term rates rise, and the moves are sharpest as you move out on the yield spectrum. Stay away from 30-year bonds until it's clear that long-term rates have peaked. A better bet--one that will lend your portfolio stability, win big...
Thanks to the infamous, less-than-stellar beef preparation by the folks who supplied the Jack-in-the-Box fast-food chain, most of us tend to think of E. coli as the hamburger disease. But as this week?s fatal outbreak of the illness in Walkerton, Ontario proves, there...
During the next seven years, the Ingstads and an international team of archaeologists exposed the foundations of eight separate buildings. Sitting on a narrow terrace between two bogs, the buildings had sod walls and peaked sod roofs laid over a (now decayed) wooden frame; they were evidently meant to be...
Unimpressed by Washington's insistence that the program is directed against rogue states, the Russians complain that the missile defense system eviscerates the whole basis of the ABM treaty: that both sides have an equally destructive attacking force. They argue that missile defense neutralizes an opponent's missile fleet, which...
But keeping the dollar strong could have a downside too: It keeps American exports pricey in the eyes of consumers in resurgent Asian and European economies. So Greenspan's best hope for reducing the trade deficit is that the interest rate increases he has made already may be enough to...