MARKETWATCH FRONT PAGE
Our call of the day comes from a money manager who says he got out of stocks and bonds in early July, and why investors should follow suit. See full story.
Crypto critic: Trump says he’s not a ‘fan’ of bitcoin or Facebook’s libra
That is the view from U.S. President Donald Trump who went after cryptocurrencies in a pair of wee-hour tweets on Thursday, saying that unregulated assets can “facilitate unlawful behavior, including drug trade and other illegal activity…” See full story.
An economy gone ‘mad?’ The Fed is going to cut interest rates despite record stock prices, low unemployment
It’s a mad, mad, mad, mad world — or so one might believe looking at the U.S. economic picture. Stocks are hitting record highs and layoffs and unemployment are at 50-year lows, but the Federal Reserve is prepared to cut interest rates soon because it’s worried about the economy. See full story.
This is the No. 1 most obese state in America
The sad individual and…