If you believe the hype, mutual funds are oh-so- yesterday. They're boring, old-fashioned, meant for the masses--not for younger, cooler types. Those in the know pick their own stocks, use investment advisers to build zippy personal portfolios or swing with ETFs (exchange-traded funds, the new kids on the block).
"We panicked," Jeanine Evans of Manitou Springs, Colo., told me over the phone. She's thinking back to a terrifying day in February 2002. She'd stopped at a hospital pharmacy to pick up some essential drugs for her daughter, Krysta, a cystic-fibrosis patient who'd just endured a double lung transplant.
On the home front, wars mean nothing but trouble. Treasure squandered, loves lost. A persistent myth links war with prosperity. But that's a communal memory dating back to World War II, when massive military spending dragged the country out of the Depression.Generally speaking, wars mess things up--if not right away, then eventually.