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...corporate-bond yields, he says, the stock market appears not only fairly valued but perhaps even be relatively cheap. And with the darkest hours of the financial crisis now behind us, so too, Cooperman believes, are the stock-market lows of March, not likely to be seen again anytime soon. "The lows [of this stock-market cycle] are in," he flatly told his audience. He then repeated the line with gusto, as if to jog a crowd still paralyzed with fear in the wake of the losses suffered earlier this year...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

With political billboards plastered all over the country and campaign ads jamming the airwaves, more than 100 million Indonesians will soon go to the polls to choose their leader for the next five years. The second round of election debates was held on June 23 in Jakarta, this time with the three vice-presidential candidates squaring off for an hour on national television. While the event was designed to create a more lively exchange than usual, the format still resembled a question-and-answer session with little in the way of sparring between candidates. Still, viewers voted by text message...

Author: /time Magazine | Title: In Indonesia Vote, Change Not on Ticket | 6/24/2009 | See Source »

...found that if nationwide spending had mirrored the modest rate of that in Rochester, Minn. - where care is dominated by the renowned Mayo Clinic - Medicare would have reduced its costs for chronically ill patients by $50 billion from 2001 to 2005. As the old inflation-adjusted saying goes, pretty soon you're talking about real money...

Author: /time Magazine | Title: How to Cut Health-Care Costs: Less Care, More Data | 6/23/2009 | See Source »

...dollars will be spent on the health-care debate because trillions of dollars are at stake. Lobbyists are already warning that Obamacare will empower bureaucrats to reject new drugs and procedures on the basis of shadowy cost-effectiveness formulas that place a monetary value on life. Ads will soon transform the seemingly innocuous push for comparative research into a nightmarish vision of Big Government telling doctors what to do, suppressing the development of lifesaving technologies, ignoring the needs of minorities in pursuit of one-size-fits-all "cookbook medicine," destroying an American tradition of personalized care...

Author: /time Magazine | Title: How to Cut Health-Care Costs: Less Care, More Data | 6/23/2009 | See Source »

...left legs. The sentence, whose execution was postponed after the al-Shabaab court decided the hot weather might cause the four men to bleed to death, was condemned as "cruel, inhuman and degrading" by Amnesty International. The incident highlighted both the kind of neighbor Kenya and Ethiopia might soon face and the question of whether either country should intervene to prevent such a calamity...

Author: /time Magazine | Title: Rebel Threat Pressures Somalia's Neighbors | 6/23/2009 | See Source »

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