Brooke Sutherland, Columnist

I'll Have What Investors Are Having

Manufacturers appear to be past the worst of the Covid slump. But stocks are pricing in a much stronger and faster recovery than any CEOs are anticipating.

Do investors see something CEOs don’t, or are they just confused?

Photographer: Johannes Eisele/AFP via Getty Images

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Things are no longer getting worse for manufacturers, but that doesn’t mean they are popping champagne — even if investors are.