Here’s a short answer for those who wonder what could transport the market still higher: the economy. The unexpected and sudden advance that started last September foresaw favorable economic news. The continuing rebound will no…
Prestigious management consulting firm McKinsey & Co. just published Value: The Four Cornerstones of Corporate Finance, a guide to help executives create shareholder value. Lead author Tim Koller shares his thoughts with DailyF…
The former Fed chief told CNBC Friday that the Fed’s policy to boost liquidity is helping stock values. “I think we are underestimating. . .how important asset prices, very specifically equity prices, are not only to shareholde…
On Wall Street, the retail sales figures that count aren’t absolute numbers. Investors act based on how those numbers compare to what was expected, and in the case of Black Friday Internet sales, reality beat the predictions. T…