Word: secularity
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...pious Muslim woman, one of the greatest challenges of modern life is how to get a good workout. In Iran, of course, the state mandates Islamic dress, so secular and faithful women alike must contend with religious codes that interfere with exercise. But the problem persists for Muslim women throughout the Islamic world and the West. It grabbed headlines this past week when a Paris swimming pool refused entry to a young Muslim woman wearing a "burqini," a swim garment resembling a diving suit. In France the incident falls into a wider political debate over how to reconcile the country...
...alongside men in a coed exercise class. Women-only gyms or gyms with women-only hours or rooms dot the whole of the Islamic world. Even in the U.S., the idea that women are more relaxed exercising without men's eyes on them has led to a preponderance of secular women-only chains like Curves and Linda Evans Fitness. This non-religious attitude toward gender-segregated exercise neatly sets immigration politics aside, and has created a way for Americans from Muslims countries to retain their piety without seeming to embrace separation. I have fond memories of following my mother around...
...stock market is up nearly 50%. Many bulls say there are hundreds of billions of dollars sitting on the sidelines that will come in, pushing the market higher. Do you agree? We've been through a secular bear market that really began in 2000. Adjusted for inflation, the S&P 500 is down 65% since then. We've been through the worst 10-year period of stock returns on the S&P in the history of American equities. But I think we saw the bottom of the secular bear market [at the March lows]. My view is that the money...
...bottom in March, does that mean better times are ahead? Just because we made the bottom of a secular bear market doesn't mean we're in a new bull market. The history is that when you make the bottom of a secular bear market, in almost every situation, there has been a huge rally followed by a long period of churning back and forth in a big, broad trading range, anywhere from three to - in the case of Japan - 18 to 20 years. As for the rally, the usual rebound rally after one of these things is 71% over...
...Coup Trial: The Sequel Fifty-six people, including two retired generals, went on trial in Turkey's second case against a clandestine group accused of plotting to overthrow the government of Prime Minister Recep Erdogan. The case highlights a growing divide between his Islamic AK party and the secular military, which has staged coups in the past. The first trial of 86 suspected members of the group, known as Ergenekon, began last October. Both cases could drag on for months or even years...