NewsWatch: The 245,000 new jobs added last month is smallest since U.S. recovery began in May

MARKETWATCH FRONT PAGE

The economy regained 245,000 jobs in November and the unemployment rate declined again, the government said Friday, but hiring also fell to a seven-month low and a record rise in coronavirus cases is making it harder for people to return to work. See full story.

Where’s the stock market going next? Look at the 1960s for an answer, says a Fidelity strategist

What's striking is that the stock market after the global financial crisis is closely tracking the bull markets between 1949 and 1968, and the one between 1982 and 2000. See full story.

It’s time for stock market investors to get in caution mode, and here’s how to prepare for it

There are several key signs, among them excessive bullishness. See full story.

Tesla stock notches record close after Goldman Sachs upgrade

Tesla Inc. stock settled at a record Thursday, boosted by an about-face from analysts at Goldman Sachs. See full story.

The pandemic showed there’s a need for digital currencies, especially bitcoin

Juan Manuel Villaverde of Weiss Cryptocurrency Ratings says it would be more efficient if the government had the ability to pay citizens directly via digital currencies. That, in turn, could cause inflation, highlighting the need for a safe haven asset such as bitcoin. See full story.

MARKETWATCH PERSONAL FINANCE

Doctors have advised the CDC to be transparent and forthcoming about any side effects. See full story.

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December 05, 2020 at 03:00AM

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