The market was a selective shopper this week, latching onto the notion of more stimulus, but hesitating to buy into the Spanish bank bailout and cutbacks at Nokia.
The Fed's latest action is distinct from earlier measures in a few important ways, but it's still no silver bullet, says Morningstar's Jeremy Glaser.
Morningstar markets editor Jeremy Glaser reports on European high hopes, former highfliers, and more in this week's roundup.
Despite a mixed bag in the tech giant's fiscal first quarter, the firm's growing earnings power makes Apple shares attractive, says Morningstar's Brian Colello.
Some upside remains in Apple shares, but the acceleration of the iPhone and iPad businesses has sent the stock closer to fair value, says Morningstar's Mike Holt.
Growth is likely to keep slowing at Apple until the firm releases its next-generation iPhone, but the long-term future of the tech giant remains bright, says Morningstar's Michael Holt.
Market-driven rate declines and lower inflation should be an automatic stimulus to the economy, reducing the need for further Fed intervention, says Morningstar's Bob Johnson.
Fed economist Bill Strauss discusses what's needed to calm unemployment and corporate fears as well as how the central bank is aiming to quell inflation concerns.
Investors should remain selective amid a generally uninspiring marketplace, while keeping an eye on secular themes.
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