By Philip van Doorn, MarketWatch
Also, the pandemic's threat to Social Security, lively retirement destinations and an interview with PayPal's CEO
Not very long ago, states were reopening their economies after weathering the first wave of COVID-19 infections, and it was easy to be caught up in the enthusiasm about life starting to return to normal. Then infection rates began to spike again, not only in the U.S. but also in countries that had seemed to be very successful in clamping down on the coronavirus earlier this year.
Now there are continual reports of vaccines being developed, and executives at companies that have been terribly affected by the economic shutdown have expressed confidence that business will be back to normal by 2022.
Maybe we are all still making too many assumptions.
Jaimy Lee interviewed Dr. Michael Osterholm, an epidemiologist at the University of Minnesota, who made sobering comments about the effectiveness of vaccines, antibodies and herd immunity and even predicted that we'll be coping with COVID-19 for decades ().
How the pandemic might lower your Social Security payments
Alessandra Malito explains why the COVID-19 pandemic may cause payments for those who become eligible for Social Security in 2022 or later to decline ().
Life goes on: fun retirement destinations
Silvia Ascarelli helps a reader who wishes to retire in a "socially liberal" place with plenty of live music and good skiing close by ().
No job, not much in savings -- and 63 years old
Alessandra Malito digs into financial planning and Social Security decision points () for to a widow who lost her job as a result of the COVID-19 pandemic and feel lost.
PayPal is rocking in 2020
This week's earnings-season headlines have been dominated (Facebook (FB), (AAPL), Amazon.com (AMZN) and Alphabet (GOOGL) (GOOGL), but shares of PayPal (PYPL) have performed better than any of those giants this year, with a 78% gain. PayPal CEO Dan Schulman described the new e-commerce environment ( ) in an interview with Emily Barry.) by
Apple's coming split
Mark DeCambre explains how Apple's (AAPL) coming 4-for-1 stock split ( ) will affect the Dow Jones Industrial Average .
Read this if you think you have any privacy online
The most popular web browsers have "private browsing" features that really don't provide much privacy. Here's why ().
A potential coronavirus tax problem for people who run their own businesses
If you began your own business as a result of the COVID-19 pandemic, chances are that your investment this year will outweigh your revenue. If you expect a tax benefit as a result, you have to be very careful (), as Bill Bischoff explains.
Related: Did the extra $600 unemployment benefit stop people from job hunting? These Yale economists say they finally have an answer ()
Contrarian stock picks for the pandemic recovery
Bill McMahon, the chief investment officer for active strategies at Charles Schwab, recommends investors diversify away from momentum stocks for gains when the economy eventually recovers ().
Stock picks -- going green
Michael Brush interviews money managers who recommend stocks that can benefit from various environmentally-friendly trends ().
A stock sector for a Democrat sweep
The prospect of a Democratic sweep of the Presidential and Congressional elections in November might cause investors to shy away from managed health care companies, but Ed Clissold of Ned Davis Research thinks they will be excellent performers ().
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-Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
August 01, 2020 08:37 ET (12:37 GMT)
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