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...stocks, right? We've experienced in the last 25 to 30 years pretty sizable corrections in the fall, whether it's September or October. We saw it in 1929, but more recently in 1987, and in '97 and '98 as well. Even when there's not a big sell-off, it's not a good month. In fact, since 1942, September has been the most negative month in the stock-market year, exhibiting on average a 0.5% negative return. That's the seasonal pattern most people think of when heading into the fall. But there have been noticeable changes...

Author: /time Magazine | Title: Why the Stock Market Looks Bullish for Autumn | 8/31/2009 | See Source »

...photos of Chinese state leaders before he reaches a display that contains the heart of the Coda: a gray box of power cells that makes up the car's lithium-ion battery. Lishen manufactures the $12,000 battery as part of its pioneering joint-venture deal to build and sell an electric car in the U.S. and, eventually, China. The idea is simple - Lishen, one of the biggest battery manufacturers in the world, provides hardware manufacturing at a reduced cost, while its American partner provides the sales smarts and high-tech expertise. "It's a product of Sino...

Author: /time Magazine | Title: Electric Cars: China's Power Play | 8/31/2009 | See Source »

...executive and philanthropist Miles Rubin. Coda Automotive, Rubin's next project, takes that relationship a step further. The Coda sedan (the body is made by another Chinese auto company, Hafei Motor) will run for about $45,000 when it goes on sale in California in 2010. Coda expects to sell about 2,700 cars in the first year, with an annual sales target of around 20,000. For Coda's Czinger, the China connection allows him to keep his costs low and, more importantly, to manufacture on demand, which cuts his risk considerably. There's no other way a startup...

Author: /time Magazine | Title: Electric Cars: China's Power Play | 8/31/2009 | See Source »

Four years ago, Michael Choe appeared in the pages of this magazine for doing something spectacular: choosing to be a renter. At a time when real estate riches were Topic A ("Home $weet Home," read the TIME cover line), the engineer, from Sacramento, Calif., decided to sell his house and move with his wife and baby boy into a rental. "Compared to owning, rent is cheap," he said back then...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

...interest deduction) or it's always better to be a renter (no property taxes, and who wants to fix his own garbage disposal?). The more complicated truth is that at certain times it makes more sense to be one or the other. (See high-end homes that won't sell...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

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