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...expected. But if we're through the worst of it in the next six months, as many economists believe, then the stock market could begin to recover right away as it looks ahead to the next expansion. That's how bull markets are born. Indeed, many on Wall Street predict double-digit returns from the Dow and S&P 500 in 2001. The tech-laden NASDAQ they see as more problematic, but still going higher...

Author: /time Magazine | Title: Economic Slowdown: How To Navigate The Storm | 1/8/2001 | See Source »

...Evans, a longtime Bush friend and fund-raiser whose previous life as an oilman didn't present much opportunity for him to make political enemies, looks primed to sail through his Senate confirmation hearings, which began Thursday. But congressional observers predict that other, less innocuous nominees could be in for a very rough ride, including ex-Missouri senator John Ashcroft, who is nominated for attorney general, and former Colorado attorney general Gale Norton, who has been named to head the Department of the Interior...

Author: /time Magazine | Title: Who'll Ace the Confirmation Grillings? | 1/4/2001 | See Source »

...Ashcroft, a staunch conservative whose nomination to head the Justice Department sent many congressional Democrats reeling, could face the toughest confirmation hearing of any Cabinet member. Analysts predict Ashcroft will be confirmed in the end - Senators are unlikely to blackball someone who was until recently one of their own - but some suspect he may wish he hadn't been. Democrats complain the former Missouri senator embodies far too many of their least favorite qualities: As of Thursday Ashcroft's nomination is opposed by pro-choice advocates, environmentalists, civil rights organizations and labor groups. If resources run thin and activists...

Author: /time Magazine | Title: Who'll Ace the Confirmation Grillings? | 1/4/2001 | See Source »

...Perhaps not, Democrats counter, but the exquisite closeness of November's election - not just in the presidential race, but for many congressional seats as well - signals a lack of consensus among voters, and certainly negates any mandate claimed by either party. Congressional observers predict Democrats will return to this logic after the 20th, but for the moment, they're just hoping to use their fleeting power to articulate the concerns (over education and tax reform, among other issues) they fear could be swept under the rug in two short weeks...

Author: /time Magazine | Title: What Democrats Want from their 17 Days on Top | 1/3/2001 | See Source »

...consistency as well. But just as it had been difficult to predict during his presidential campaign which Gore you might see on any given morning, his argument for winning Florida was protean. He praised the hardworking Palm Beach canvassers one day and sued them the next. He wanted to count every vote, but countenanced his supporters' efforts to get thousands thrown out. He vowed to honor voter intent, a goal that lost some of its nobility as the nation saw how many kinds of guesswork that would take. So uneven was Gore's footing in the public relations war that...

Author: /time Magazine | Title: At Last His Own Man | 12/25/2000 | See Source »

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