PepsiCo Revenue and Volumes Rise, But Forex Impacts Linger
PepsiCo Revenue Lifted by Healthier Products, But Forex Impacts Linger -- 2nd Update
PepsiCo Revenue Lifted by Healthier Products, But Forex Impacts Linger -- 3rd Update
UPDATE: Elon Musk wants you to suggest how Trump should tweak his travel ban
A group of top managers continue to keep looking for good investment opportunities, while taking full advantage of a rising (and potentially overvalued) market to book some gains.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Modest pockets of value emerge among consumer defensive companies.
Our top managers continue to find attractive buying opportunities in wide-moat firms.
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