Word: year-end
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...from here, we would probably have to have a recession. If one doesn't emerge, stocks will take the lead again. But be ready to say goodbye to those 20%-plus years. One argument for stocks now: since World War II, eight times at this point in the year bonds were up while stocks were down, reports Salomon Smith Barney. Each time stocks rallied through year-end as whatever fears had gripped investors abated. The average four-month gain in those instances was 11%. But even if this year makes it a perfect nine for nine, bonds could do well...
...good as the music is, and all three previous records have found their way into year-end critics polls, it's the group's resolve to do things in its own flighty, boho way that has transformed it from a mere band into a cosmology. Growing out of an experiment in a music-business class at Glasgow's Stowe College in 1996, Belle and Sebastian was named after an obscure French children's cartoon. The band turned down major labels and big-money offers to sign with tiny London-based Jeepster (it's distributed in the U.S. by Matador...
This issue brings another exciting year of Crimson Sports to a close. Keep an eye out for our special commencement issue, either in print or online, to see who brings home our coveted year-end awards. There were some great moments this year, and 41 teams filled with student-athletes gave it their best...
Then things got stormy. In a swift year-end deal, Cheung Kong Holdings, billionaire Li's flagship, paid an estimated $5 million for a 2% stake in Timeless. In turn, Timeless agreed to invest $23 million in new offices in the Center, a top-drawer Cheung Kong development. In the old economy, a deal with one of Asia's richest men would have marked one's arrival among the local business elite. But to many investors, Timeless suddenly looked less like a go-go technology firm than an old-fashioned real estate play...
...York Times Magazine's year-end roundup of "noteworthy lives" featured John Lamb, a Texas convict executed in November whose last words echoed a theme of the anti-death cause: "I'm sorry--I wish I could bring him back...