Stock traders prepare for “dogfight” as S&P 500 remains below 200-day moving average
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FRONT MARKET CLOCK PAGE
It’s the level everyone’s looking at, but going beyond the 200-day moving average doesn’t mean the stock market will hit new highs again, say chart watchers. See the full story.
US “in relative decline” because “Chinese power is increasing rapidly,” says Ray Dalio
The days of American hegemony are numbered and China is waiting behind the scenes, argues Ray Dalio, in his latest letter on LinkedIn. See the full story.
Your 401 (k) will not be enough for retirement
Jack Bogle warned that too much flexibility is dangerous. See the full story.
Now I understand why my father was so thrifty
He saved rusty nails and sparks of soap. Many people these days do this. See the full story.
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Alibaba sees China’s retail sales volume rise near pre-pandemic levels, but stocks plummet amid U.S.-China tensions
Alibaba Group Holding Ltd. said the volume of its Chinese retail markets rose again near pre-pandemic levels, but its shares fell about 4% on Friday morning, trading low for Chinese stocks one day. Internet due to new fears about US-China relations. See the full story.
PERSONAL FINANCING OF MARKETWATCH
The rate of homeowners seeking mortgage relief due to the coronavirus pandemic has slowed considerably. See the full story.