Word: spiraling
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Dates: during 2000-2009
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...always there yet somewhat elusive.” The same could be said of Scott Kannberg.Kannberg was Pavement’s everpresent enigma, writing a couple of songs per album but without a readily discernible style or persona. His songs tended to be impenetrable as well; even his moniker, Spiral Stairs, was adopted in order to give the band an air of mystery. Spiral Stairs was always secondary to Stephen Malkmus, the chief songwriter and public face, but as the 1990s wore on Kannberg became increasingly marginalized as Pavement became more and more an expression of Malkmus’ personal...
...happy coincidence of programming, two of New York City's biggest museums are looking back this fall on those exalted beginnings. "Kandinsky," at the Solomon R. Guggenheim Museum, sends nearly 100 of the artist's works up the Guggenheim's spiral ramp like a whirlpool of angels in a Tiepolo ceiling. Meanwhile, at the Whitney Museum of American Art, "Georgia O'Keeffe: Abstraction" scrapes away O'Keeffe's barnacled legend as the Gray Lady of New Mexico to recall the young woman who at the dawn of abstraction made a fearless leap into the unknown. (See pictures of the work...
...Trade is the big wild card. Canada is riding a wave of replenishment by U.S. automakers and manufacturers, whose inventories hit record lows earlier this year as a result of restructuring and a downward spiral in consumer spending. But it's unclear how long that can sustain a recovery north of the 49th parallel. "If the Canadian dollar stays where it is, the job numbers will go the other way [i.e., worsen]," says Jean-Michel Laurin, vice president of global business policy for Canadian Manufacturers & Exporters (CME), the country's largest trade and industry association...
...from before the Australian move. Like the Japanese yen, the dollar has effectively become a carry-trade currency. People borrow in the U.S. currency and use the proceeds to buy the Australian dollar, profiting from the interest rate differential and also the greenback's downward spiral. (See pictures of TIME's Wall Street covers...
...nearly 50 other freshmen and sophomores in districts won by George W. Bush and McCain in the past two elections. President Obama's party could lose 40 seats next November, according to political expert Charlie Cook, if Democrats fail to pass health-care reform and polls continue their downward spiral. "The kinds of conditions that create wave elections are the kinds of conditions we're seeing right now," he says. "Kratovil is in bad shape - as bad as an incumbent...