NewsWatch: Billionaire investor Howard Marks paints grim view of economic outlook: stimulus alone won’t cure ‘down-cycle’

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MARKETWATCH FRONT PAGE

The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that’s even if a fresh fiscal stimulus package can be passed by Congress to help heal the coronavirus-stricken business climate. See full story.

Apple brings 5G to iPhones but keeps the same price tags

Apple Inc. is bringing 5G capabilities to its entire lineup of new smartphones, and keeping the starting prices the same as last year’s iPhones. See full story.

Your portfolio is not as diversified as you think, unless you are utilizing this powerful strategy

There’s an overlooked asset class that can uncover opportunities for you while cutting risk. See full story.

Amazon Prime Day is here — 5 items NOT to buy

Americans are expected to spend $10 billion during the Amazon Prime Day sales event, but not all of this week’s deals are actually bargains. See full story.

This newcomer is the best place to live — but you may not want to retire there

No overlap among the top 10 in these two lists from U.S. News & World Report. See full story.

MARKETWATCH PERSONAL FINANCE

Use this time now to review your investment goals, expenses and philosophy. See full story.