Stock-market traders brace for 'dogfight' as S&P 500 lingers below its 200-day moving average
MARKETWATCH FRONT PAGE (http://www.marketwatch.com)
This is the level everyone is watching -- but getting above the 200-day moving average doesn't mean the stock market will be zooming back to the highs, chart watchers say. See full story (http://www.marketwatch.com/story/stock-market-traders-brace-for-dogfight-as-sp-500-lingers-below-its-200-day-moving-average-2020-05-22).
The U.S. is in 'relative decline' as 'Chinese power is rapidly rising,' warns Ray Dalio
The days of U.S. hegemony are numbered and China is waiting in the wings, argues Ray Dalio, in his most recent missive on LinkedIn. See full story (http://www.marketwatch.com/story/the-us-is-now-the-most-powerful-empire-but-it-is-in-relative-decline-as-chinese-power-is-rapidly-rising-says-founder-of-worlds-largest-hedge-fund-2020-05-21).
Your 401(k) won't be enough for retirement
Too much flexibility is dangerous, Jack Bogle warned See full story (http://www.marketwatch.com/story/your-401k-wont-be-enough-for-retirement-2020-05-21).
Now I totally get why my father was so frugal
He saved rusty nails and soap chips. These days, plenty of people are doing it. See full story (http://www.marketwatch.com/story/now-i-totally-get-why-my-father-was-so-frugal-2020-05-21).
Alibaba sees China retail volume growing near pre-pandemic levels but stock falls amid U.S.-China tensions
Alibaba Group Holding Ltd. said that volume on its China retail marketplaces was back to growing near pre-pandemic levels, but its shares dropped about 4% in Friday morning trading on a weak day for Chinese internet stocks given new fears about U.S.-China relations. See full story (http://www.marketwatch.com/story/alibaba-sees-china-retail-volume-growing-near-pre-pandemic-levels-but-stock-falls-amid-us-china-tensions-2020-05-22).
MARKETWATCH PERSONAL FINANCE (http://www.marketwatch.com/personal-finance/)
The Oscar-winner who directed 'Contagion' is behind Singani 63. See full story (http://www.marketwatch.com/story/filmmaker-steven-soderbergh-predicted-the-pandemic-with-his-movie-contagion-and-now-hed-like-you-to-sell-you-bolivian-booze-2020-05-22).
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(END) Dow Jones Newswires
May 23, 2020 12:00 ET (16:00 GMT)
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