Top Ten: Weekend reads: Will the Federal Reserve rescue the stock market from coronavirus?
As the stock market plunges amid the spreading coronavirus update, should the Federal Reserve’s response be to cut short-term interest rates? President Trump says yes. Economists say it won’t help when the problem is disruption to the supply chain, not weak demand. Rex Nutting covers both sides of the argument.
Just about all MarketWatch readers want to read, it seems, is the latest on the coronavirus and its effect on financial markets and the economy. Click here for the latest coverage.
Here’s a summary of what the 30 companies in the Dow Jones Industrial Average
and other large U.S. companies have said about the coronavirus’s effect.
What if there is a major outbreak of the coronavirus in the U.S.?
Cirara Linnane and Tonya Garcia consider the potential damage to U.S. consumers and the companies they do business with.
What’s really happening in China?
What about the stock market?
First, there’s this sobering perspective: The coronavirus isn’t the stock market’s only problem.
If you hare wondering when to begin buying, Mark Arbeter explained how it looks from a chart-watcher’s perspective. And Mark Hulbert described a technical development that could set up a quick rebound for U.S. stocks.
Best new ideas in health care
MarketWatch peers into new developments in health care: the technologies that will change health care the most over the next decade, how medical schools are adapting because of climate change, how the U.S. can improve the health of seniors and toddlers at the same time and more.
Hope for a much longer life
What to tell the kids about family money?
Quentin Fottrell — MarketWatch’s Moneyist — helps a woman who inherited a trust fund and who worries about when she should tell her children about it.
How to make a quick $3,500
Move your brokerage account and claim a fat sign-up bonus — but there’s a catch.
A shrewd customer falls for a scam
Barbara Corcoran of “Shark Tank” fell for this phishing scam.
So you’re miserable at work
Four strategies to try before you quit.