Bulletin
Investor Alert

NewsWatch

July 9, 2020, 12:00 p.m. EDT

Jobless claims tell us 30 million people are unemployed, but many doubt it’s that bad

By MarketWatch

MARKETWATCH FRONT PAGE

What the heck is really going on in the labor market? Are 30 million Americans unemployed? Or is it 17 million? Are companies bringing back millions of workers? Or laying even more people off? See full story.

After that 41% ‘moonshot’ for stocks, here’s what one strategist is telling investors to do next

Don’t fight the Fed, but don’t chase this market, says our call of the day from CIBC Private Wealth Management’s chief investment officer, David Donabedian. See full story.

What to expect as banks report earnings: more loan pain but plenty of fee income

The stock market has battered the largest U.S. banks because of coronavirus, but they have plenty of ways to make money, even when interest rates are very low. See full story.

He had $35,000 in retirement savings in March — 350 trades later and he’s apparently sitting on $1 million

Prepare for some serious trading FOMO, courtesy of Reddit’s “WallStreetBets” community. See full story.

I was the mayor of Cincinnati when we reformed our police department following racial unrest — and crime has since tumbled

Police killed two unarmed African American men within six months in 2001. See full story.

MARKETWATCH PERSONAL FINANCE

‘People who are making nothing or very little are receiving this money, so why can’t the people who are paying the most taxes receive some of it back?’ See full story.

Link to MarketWatch's Slice.