NewsWatch: Barstool Sports founder believes he’s a better investor than Warren Buffett and has determined day trading is ‘the easiest game’ there is

This post was originally published on this site

MARKETWATCH FRONT PAGE

Did we just witness “an epic signal of a blow-off top”… ? Yes, says Gary Evans of the Global Macro Monitor blog who pointed to Barstool Sports founder Dave Portnoy as the reason why. See full story.

A first-of-its-kind racial empowerment ETF is ‘flying under the radar.’ Maybe it shouldn’t.

At a moment when America’s attention is trained directly on racial issues, this fund may get some attention, which at least one analyst thinks it deserves. See full story.

Black tech workers hope nationwide protests will force industry to be more inclusive

With the country entering its third week of protests over social justice, the spotlight has been cast again on the state of blacks in the workforce — in particular, the glacial progress of diversity in tech. See full story.

Biden’s running-mate search is getting ‘outsized attention’ and could even shake the stock market — here’s how

As Joe Biden’s campaign works on picking his running mate, the effort is drawing heightened interest for several reasons — some of them arising from 2020’s unprecedented tumult. See full story.

The U.S. shale-oil industry may collapse, new report says, after Goldman warns crude is set for a fall

Australian think tank the Institute for Economics and Peace warns a sharp fall in the oil price will affect political regimes in the Middle East, especially in Saudi Arabia, Iraq and Iran. See full story.

MARKETWATCH PERSONAL FINANCE

Extending the extra $600 could create a disincentive to return to work, some lawmakers say. See full story.