NewsWatch: Why ‘the next big shoe to drop’ in the U.S. economy could hit by July

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MARKETWATCH FRONT PAGE

The last time a housing bubble popped, it took four years to play out. But things move fast during this pandemic — just look at the record-breaking action in the stock market — and if Wolf Richter has it right, pent-up supply could soon ravage prices. See full story.

To survive the next few months, you only need two assets, says this money manager

Our call of the day comes from a money manager who says it is vital to keep things simple right now, which he does by trading just two instruments. See full story.

Wells Fargo leads list of bank stocks at risk for dividend cuts

Analysts at Keefe, Bruyette & Woods say U.S. banks’ dividends are ‘broadly safe,’ but pointed out 21 ‘potential dividend-cut candidates.’ See full story.

What parents should know about the mysterious coronavirus-related disease affecting children: pediatric multisystem inflammatory syndrome

Health officials are investigating 102 cases in New York, where three children have died from the Kawasaki-like illness See full story.

Vaccine expert Bright warns coronavirus ‘window of opportunity’ closing as Trump calls for ousting him from government

Vaccine expert Rick Bright told lawmakers that the U.S. faces its “darkest winter in modern history” without a stronger response to the coronavirus pandemic, testifying to a House committee as President Donald Trump called publicly for his ouster from the government. See full story.

MARKETWATCH PERSONAL FINANCE

Here’s how to take care of pets during the COVID-19 pandemic See full story.