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...longer count on an abundance of cheap money sloshing around the world to act as a bulwark against calamity and push asset prices higher. Financial market conditions today are more treacherous, margins for error are smaller, and even if there is a miraculous resolution of current geopolitical tensions any sigh of relief by investors is likely to be fleeting. The days of making easy money on risky assets are behind...

Author: /time Magazine | Title: Risk Adjusted | 7/23/2006 | See Source »

...telling Republicans in Manchester that Democrats favor "cutting and running" from Iraq--bold words to show that "the Architect," as Bush has called him, is back to battle unencumbered at a time when the White House needs his strategic instincts more than ever. Bush said he "took a sigh of relief" at Fitzgerald's decision and declared, "I trust Karl Rove." White House chief of staff Josh Bolten endorses Rove's renewed zeal, especially ahead of November's midterm elections. "The tone that I want to set here is not one that shies away from partisanship where it's appropriate...

Author: /time Magazine | Title: Rove: Off the Hook, Back to Battle | 6/18/2006 | See Source »

...DIFFICULT "I know that when I start a new job, that this is the thing that precedes me," Streep says with a sigh. "That I'm rigorous in doing my homework and hideously overprepared, and ..." She shrugs. "And that's fine. Better to come off as smarter and more disciplined than I actually am." She waits a beat and then adds with a delighted laugh, "Not that I'm interested in debunking the myth!" Yet everybody who's worked with her turns into a geyser of mush about how giving and life-affirming she is. So perhaps the difficult...

Author: /time Magazine | Title: 7 Myths About Meryl | 6/11/2006 | See Source »

...been quietly sounding out colleagues about a possible leadership race for some time, nearly everyone on Capitol Hill was perplexed as to why he would publicly announce a bid for a post that may not even exist for the Democrats after November. Said a Democratic aide, with a sigh: "Let's just focus on winning some seats...

Author: /time Magazine | Title: An Unlikely Dove Picks a New Fight | 6/11/2006 | See Source »

That sound you heard on Wednesday morning was a big sigh of relief from Republicans across the country over the results of a special election in a San Diego County congressional district where Republicans usually win without breaking a sweat. After ex-Congressman Randy "Duke" Cunningham earlier this year pleaded guilty to bribery and tax evasion, and was given an eight-year prison sentence, the election to name his replacement was watched by both parties as both a crucial test of how badly Republicans are likely to fare in this fall's midterms - and of whether the Democrats' recent "culture...

Author: /time Magazine | Title: The Republicans Breathe a Sigh of Relief | 6/7/2006 | See Source »

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