NewsWatch: Here are the value traps that Bank of America says investors should avoid

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MARKETWATCH FRONT PAGE

The danger of investing in stocks with compelling valuations is that they’re often cheap for a reason. See full story.

These ‘Dividend Aristocrat’ stocks have been raising their dividends for decades, and there have been no dividend cuts during the pandemic

Dozens of other S&P 500 companies, in contrast, have reduced their payouts. See full story.

Nouriel Roubini says reports of the dollar’s demise are greatly exaggerated

The dollar’s recent weakness is driven by shorter-term cyclical factors. In the long run, the situation is more complicated. See full story.

Donald Trump Jr. says Biden’s policies ‘would stop our economic recovery cold’

The remarks come on the first night of the Republican National Convention, as speeches also are made by Nikki Haley, Sen. Tim Scott and a couple from St. Louis who pointed guns at protesters. See full story.

Consumer confidence tumbles to new pandemic low after summer viral outbreak

Consumer confidence fell in August to a new pandemic low after a fresh rash of coronavirus cases during the summer caused Americans to turn more pessimistic about an economic recovery, according to a closely followed survey. See full story.

MARKETWATCH PERSONAL FINANCE

How to build ‘grounded optimism’: Be rooted to the past, connected to the present, and looking to the future, writes Shannon Huffman Polson. See full story.