NewsWatch: The rational bubble is turning irrational — and the next few weeks are critical, strategist says

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MARKETWATCH FRONT PAGE

The action this week has been centered on the bond market, not the stock market, as Treasury yields have climbed in reaction to the progress on a new stimulus package as well as the global rollout of vaccines. See full story.

Ted Cruz cuts his Cancún vacation short after leaving Texas in the cold

Cruz has responded with: ‘Wanting to be a good dad,’ he flew to Mexico with his daughters because ‘they asked to take a trip with friends’ See full story.

Fauci predicts return to ‘normal’ by Christmas

In an interview with MSNBC, the director of the National Institute of Allergy and Infectious Diseases warned that there were many variables at play and returning to some sort of normalcy “is not a mathematical formula…it’s a question of estimates.” See full story.

If you want to get rich with marijuana stocks, you need to know the crucial difference between U.S. and Canadian companies

U.S. companies are overlooked by many investors. But any state and federal legalization favors them over Canadian rivals, fund managers say. See full story.

GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

Robinhood CEO Vlad Tenev discussed average account sizes and user demographics during a congressional hearing on GameStop’s rise and fall. See full story.

MARKETWATCH PERSONAL FINANCE

‘This doesn’t seem fair to me, but we didn’t discuss how the split would work before the trip.’ See full story.