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Trade deficit with China shows America’s strength

US President Donald Trump has made closing America’s trade deficit with China a top priority. The problem is, it’s growing instead. For Trump, that’s probably more proof that his tariff-heavy, get-tough approach to China is the correct strategy. For economists, it’s not such a big deal. The US economy is roaring, and roaring economies tend to import more. There’s another ...

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This $30bn firm is breaking free

Roper Technologies Inc.’s stock slide now looks like unfair punishment. The $30 billion company, which makes software for construction companies and legal firms as well as meter-reading tools, had slumped 11 percent in the month leading up to the release of its third-quarter results on October 26. That matched the decline in the S&P 500 Industrials index, which has been ...

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When $57 billion a year just isn’t really enough

Amundi SA, already Europe’s biggest fund manager, is on course to meet its self-imposed target of swelling assets under management by a net 50 billion euros ($57 billion) per year. Its cost-to-income ratio is best-in-class. And yet its shares dropped 6 percent on October 26 to their lowest level since March 2017. While asset growth decelerated in the third quarter ...

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