Markets saw mixed results Friday as the Nasdaq and S&P 500 hit record highs, fueled by strong company forecasts and job data suggesting further Fed rate cuts. However, the Dow dipped due to a drop in UnitedHealth Group shares. Lululemon’s surge boosted consumer discretionary stocks. Rate cut expectations increased following the jobs report.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
August 29, 2026