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Expectations over the Fed’s ability to fix all that ails the economy and markets may be running a little too hot, warns our call of the day, from James Stack, president of Stack Financial Management and owner of InvesTech Research.
Stocks with the best rate of ROE growth are at likely to come at a premium in today’s market, says Goldman Sachs’s analysts.
British stocks rose to nearly an 11-month high on Wednesday, as the Conservative Party’s election of Boris Johnson as prime minister was set against a backdrop of global optimism for stocks.
Alibaba Group Holding Ltd. is taking a global approach to a business unit where it sees significant untapped potential.