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Fortune
Fortune
Jim Edwards

Apple’s new CEO said he will continue the company's tradition of secrecy—and Wall Street loved it

Newly appointed Apple CEO John Ternus (left) with outgoing CEO Tim Cook in Cupertino, Calif. (Photo courtesy Apple) (Credit: Courtesy of Apple)

Good morning. On Fortune’s radar today:

  • Apple’s loud, public secrecy.
  • Markets: Up, up, and away!
  • Yikes: Capex has been negative for six straight quarters.
  • The Fed considers the “h” word.
  • Don’t expect Congress to end the war.
  • The price of fried eggs in Tehran.

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