Top Ten: Weekend roundup: Fact-checking the Trump fact checkers | Apple’s relief | Marijuana company goes it alone
MarketWatch rounds up 10 of its most interesting topics over the past week.
1. How many falsehoods has the president really uttered?
Steve Goldstein takes the Washington Post to task over claims President Trump has made 10,000 false or misleading statements.
2. Apple’s ‘good’ quarter
Shares of Apple
rose in the wake of earnings even though iPhone sales tumbled 17% during the quarter from a year earlier. Investors instead focused on these twofactors.
More Apple coverage:
• Apple is optimistic, and it isn’t because of the iPhone
• Apple’s iPhone trade-in boost has just begun
• Prudent investors are worried about Apple’s ‘17% problem’
3. Bucking a marijuana industry trend
Most of the larger players in the Canadian marijuana industry have partnered with large U.S. companies (start with Constellation Brands’
) Here’s why Aurora Cannabis
has decided not to make a similar deal.
4. Amazon aftermath
announcement of free one-day shipping for Amazon Prime membershas come under fire from the Retail, Wholesale and Department Store Union. MarketWatch readers chimed in with over 100 comments.
5. Buffett buys into Amazon
has purchased shares of Amazon. Berkshire CEO Warren Buffett says it wasn’t his call.
Read on: Berkshire buying Amazon stock is a wake-up call for individual investors, says this portfolio manager
6. Buffett’s annual meeting
Berkshire Hathaway’s annual cheerleading session (its annual shareholder meeting) is this weekend in Omaha, Neb. But here’s a critical question nobody will dare to ask.
7. Should you worry that the stock market has risen too much this year?
Michael Brush thinks it is time for investors to be cautious; Mark Hulbert disagrees.
8. The economists were wrong: mortgage loan rates are dropping quickly
Most economists expected mortgage loan rates to climb this year. Now Freddie Mac’s economist has reversed his estimates and said the U.S. might not be nearing the end of the long economic expansion after all — we might be right in the middle of it.
9. The unemployment rate falls again
The Labor Department’s employment numbers for April blew past economists estimates and the U.S. unemployment rate declined to 3.6% — its lowest number since 1969.
Read: Sizzling jobs report justifies Powell’s Fed press conference reluctance to suggest rate cuts
10. Preparing students to be millionaires
With all the coverage about wealthy parents spending millions to get their children admitted to prestigious colleges, it is refreshing to read about high-school students being taught how to handle money.
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Published at Fri, 03 May 2019 20:59:46 +0000