Morningstar markets editor Jeremy Glaser on the market's high earnings expectations, potholes for plugged-in cars, the Google-China conflict, and more.
The GMO chief strategist highlights the factors behind the market's bullish bias, abnormally high corporate earnings, current valuation levels, a slowdown in productivity, and the great paradigm shift in natural resources.
T. Rowe Price Group Inc., the asset manager that has posted a profit every quarter since going public in 1986, said fourth-quarter earnings rose 23 percent as stock markets gained boosted assets and the fees they generate.