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...Henry (Eric Bana), who works in a Chicago public library, is in the reading room when a woman he's never met walks up to him and says dewily, "I've loved you all my life." She's Clare (Rachel McAdams), a young artist, and in her past - Henry's future - he has visited her and won her undying devotion. Henry, you see, has the gift or curse of time-traveling: disappearing from one temporal and spatial reality to pop up, naked, in another. This science-fiction trope will be familiar to fans of The Terminator, but Henry...

Author: /time Magazine | Title: The Time Traveler's Wife: Love, Death and More Love | 8/13/2009 | See Source »

...Paul pretty much retired. He survived quintuple-bypass heart surgery. It was one of the first operations of its kind - another Les Paul innovation. Back from the dead, he was named to the Rock Hall of Fame in 1988. At the induction ceremony, Jeff Beck said, "I've copied more licks off Les Paul than I'd care to admit." Paul subsequently said to Stephen Peeples, "I'm glad I was able to give the kids some toys to play with...

Author: /time Magazine | Title: Death of the Guitar Man: Les Paul (1915-2009) | 8/13/2009 | See Source »

...surprise is going to be how strongly the U.S. - and the world for that matter - emerges from this thing over the next six to nine months. History says the steeper the decline, the steeper the recovery, and I think we'll see that play out. In addition, we've had unprecedented amounts of stimulus, both fiscal and monetary, as well as coordination by governments and central banks around the world. I think we are going to have a very steep recovery that is going to last for another two to three quarters...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

...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...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

...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 17 months. The current rally in the U.S. and Europe has been about 42% over the last five months. We've gone up faster than most rebounds, but not as far. After the rally is over, I can imagine a trading range for the S&P 500 of 1400 to 700 [the S&P 500 is currently near 1000]; that could last for five or 10 years, until we really...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

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