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...power to move markets and cause interest rates to spike. Many bond traders are like Brian Edmonds, head of Treasury-bond trading for Banc of America Securities. Blond, trim and a former Harvard lacrosse player, he sits at his desk all day interpreting economic data and trying to predict what the zig-zagging numbers might mean for the market. When claims for unemployment benefits ticked higher last Thursday, it suggested weakness in the economy. Investors promptly bid up bond prices. But Edmonds saw hidden strength in the news. He sold $100 million of T-bonds, just before the market reversed...

Author: /time Magazine | Title: Who Are These Guys? | 8/25/2003 | See Source »

...Nile strikes with a vengeance? Back in the spring, public-health officials were divided over how bad this summer's outbreak would be. Last year the mosquito-borne disease resulted in more than 4,000 cases and nearly 300 deaths, and heavy spring rains led some local experts to predict a mosquito baby boom and an explosion of cases in 2003. But the Centers for Disease Control and Prevention (CDC) was more cautious. The outbreak was likely to be as bad as last year's, said the CDC, but because diseases like West Nile spread so unpredictably, nobody could...

Author: /time Magazine | Title: Skeeter Alert | 8/25/2003 | See Source »

...Cutting Hedge Germany's cabinet approved a law allowing hedge funds to operate for the first time, from Jan. 1. Analysts predict the German hedge-fund market will quickly become worth billions of dollars...

Author: /time Magazine | Title: Biz Watch | 8/24/2003 | See Source »

...sabotaging pipelines and power grids, attacking technicians and aid workers - and killing an American soldier on average every other day, hoping to sap U.S. morale and further alienate the troops from the local population. The bill for the war already runs upward of $60 billion, and some experts predict reconstruction could eventually cost as much as $600 billion. President Bush won't allow the ongoing attacks on coalition forces to shake his resolve to finish the job, but it may now take years - and sustained financial and military investment - to stabilize Iraq...

Author: /time Magazine | Title: Terror and Turbulence Will Follow Bush Into His Reelection Year | 8/21/2003 | See Source »

WHAT ARE THE ODDS YOU'LL STRIKE A NEW DEAL WITH PIXAR? I can't predict exactly what kind of financial or creative relationship the companies will have together. I've learned from the legal profession that whenever somebody asks you for odds, you say, "Fifty-fifty." So why don't we just leave it at that...

Author: /time Magazine | Title: 10 Questions for Michael Eisner | 8/18/2003 | See Source »

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