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MARKETWATCH FRONT PAGE
A small dead-cat bounce and then lower for longer is what a “square root” implies. See full story.
‘We’ve seen the lows in March’ for the stock market, says man who called Dow 20,000 in 2015, ‘and we will never see those lows again
Jeremy Siegel, says unprecedented support by the Federal Reserve and the U.S. government make it nearly impossible for the U.S. stock market to revert to its late March lows. See full story.
Great Depression 2020? The unofficial U.S. jobless rate is at least 20%—or worse
The U.S. unemployment rate exploded to 14.7% in April after more than 20 million jobs were lost to the coronavirus, but that is just the official number. The real jobless rate was at least 20%. See full story.
It’s one of the hottest ETFs in the coronavirus era this year—and the woman who nailed the 2018 stock-market shock created it a year ago
Nancy Davis, the chief investment officer and founder of advisory firm Quadratic Capital, rolled out a new exchange-traded fund just a year ago, and it has quietly become one of the hottest performers in the epoch of coronavirus that brought much of the financial world to its knees. See full story.
‘What we are confronting now is really unprecedented.’ Coronavirus-related lawsuits are about to flood the courts
At least 917 federal and state lawsuits have been filed in relation to the pandemic, according to one count. See full story.
MARKETWATCH PERSONAL FINANCE
This includes almost 110 million direct deposit money transfers and nearly 20 million paper checks. See full story.
