Extreme valuations may also be a factor in the recent move by foreigners to "take their money home." Based on price-to-book value and enterprise value, the U.S. premium to non-U.S. markets is above ...

Prayers for a seriously ill Pope seem to have been answered. But will we hear his voice again, speaking from the heart, truth to power, at this critical time? It is so badly needed. For his words have ...