You are here

Wall St running out of steam

With record-high earnings notched by companies in a near five-year bull market, pundits fear complacency is setting in

CRAIG Hodges, who runs one of the best-performing US mutual funds, is preparing for the next leg of America's almost five-year-old bull market. After his holdings of Yelp Inc and Pandora Media Inc doubled earlier this year, the 50-year-old manager is adding a new stock: Gogo Inc, an unprofitable