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Stock prices usually reflect underlying value. But stocks can also be affected by things like summer vacations among hedge fund managers, or by late-December window-dressing by mutual-fund managers who want to have the hot performers in their portfolio at year's end. Brian Belski, chief investment strategist at Oppenheimer, tells TIME's John Curran why these seasonal tea leaves are now bullish...

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

...summer months since 1994 have tended to show weakening performance as the summer wears on. We believe this has to do with an increasing trend toward longer summer vacations among the Wall Street set. Also, we are a global market today, and lengthy summer vacations are popular in many corners of the world...

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

...contraction and mortality rates is part of "a wide range of research studies of rich countries that have revealed that greater national wealth, by nearly any measure, does not lead to better human welfare." He believes that governments in wealthy countries should take steps to rein in excessive wealth among individuals and redistribute resources through social spending. While he acknowledges the political difficulties of wealth redistribution, he says, "As a doctor, I recognize that an unequal society is the biggest contributor to ill health. It's my obligation to make that known...

Author: /time Magazine | Title: Could the Recession Be Good for Your Health? | 8/31/2009 | See Source »

...Policymakers have failed to match increased job insecurity with a corresponding expansion of social welfare. It's true that Japan's public debt is approaching 200% of GDP - the highest among developed countries - which limits the government's options. Still, the state must deepen the social safety net to better cover the underserved: young workers and families. This will help reverse the population decline, rebalance growth toward domestic demand and remove the need to mitigate unemployment by propping up inefficient companies and farms. Japanese citizens will have to make sacrifices - they may have to pay more taxes, for example...

Author: /time Magazine | Title: A New Deal | 8/31/2009 | See Source »

...significant number - but not everywhere. At TIME's request, Economy.com ran the numbers for 54 metro areas and compared their current price-to-rent ratios to what their ratios have been over the past 15 years. The result: in 21 cities, renting still looks to be the better bargain. Among the renter-friendly outposts are Baltimore; Raleigh and Charlotte, N.C.; Salt Lake City; San Antonio; Trenton, N.J.; Philadelphia; Honolulu; Seattle; and Portland...

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

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