Word: viewings
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That's the optimistic view - and, for now, the dominant view of the Fed, most economists believe. But lurking not far from the surface of economic policymakers' deliberations these days is the dreaded d word: deflation. "Sure, we're very cognizant of it," one source familiar with Fed's thinking on the matter told TIME this week. "We don't think we're there yet, but we're very aware of the possibility." So is Wall Street. At Merrill Lynch, chief investment strategist Richard Bernstein issued a report within hours of Barack Obama's election, listing three developments for investors...
...that so often impedes humanitarian aid in similar situations. Obama’s multilateral and diplomatic policies will be much more effective at providing the aid sooner and more effectively than the Bush administration’s contentious deliberation style. Furthermore, an Obama administration will be more likely to view such massive and terrible displacements out of the context of their potential economic consequences for the United States...
...loyalty Alaska voters feel for Stevens (whose federal budget largesse left him with more presents to hand out than Santa Claus) may have predisposed them to believe his view of events. In a debate last Thursday with Begich, Stevens made one of the most laughable claims in modern political history, saying he had "not been convicted of anything," despite the federal court result. But Alaskans may have bought his contention that the case, decided thousands of miles away in Washington, D.C., was a noxious mix of prosecutorial misconduct and a runaway jury. Helping Stevens' argument was the revelation this week...
...While it may not have been much of a race in the end, it certainly was a choice: not just black and white or red and blue or young and old, though there was a full generation between them. Over time, it's become clear that these men view change very differently. McCain sees change as an ordeal, a test of his toughness; Obama sees it as an opportunity, a test of his versatility. McCain sees change as reforming the system; Obama talks about rebuilding it from the ground up. McCain does not e?mail. He became famous by riding...
...speechwriters to save them. They were being told that Obama was a dangerous radical who hung out with terrorists. Simply by seeming sober and sensible, he both reassured voters and diminished McCain, whose attacks suddenly seemed disingenuous. A New York Times survey found that people who changed their views on Obama were twice as likely to say they had grown more favorable, not less; those who now saw McCain differently were three times as likely to say their view had worsened than had improved. And that was after the markets had shed a couple of trillion dollars. By mid-October...