Growing middle classes in China, India and Brazil are creating new opportunities, but some short-term headwinds are pressuring consumer-focused stocks in these and other countries, according to David Ruff, co-manager of Forward International Dividend Fund, who has perspective on this emerging-market trend. Jonathan Burton reports.
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Antidote to housing crisis and urban sprawl? 800 apartments over a Costco
in downtown LA
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[image: Artist's rendition of a residential complex over a Costco store in
South LA]
As some of the most destructive fires in California's history ravage...