MARKETWATCH FRONT PAGE
“I am concerned the market is underestimating just how bad things could go for Boeing,” Bill Blain warned in his morning note. “When it does, the whole equity market will knee-jerk aggressively, triggering pain across all stocks.” See full story.
Here’s how many points a U.S.-China trade deal is worth to the S&P 500, according to J.P. Morgan’s top strategist
Trade tensions between the U.S. and China are so important, that a resolution one way or another could mean the difference of as many as 800 points to the S&P 500 stock index See full story.
This crazy map shows you how complicated the tax code has become — and it will make you weep
The National Taxpayer Advocate released the convoluted map to draw attention to a frustrating system. See full story.
Trump and the stock market are spooking Powell into making this rookie mistake
The outlook for the economy has improved in the past few weeks, but the Federal Reserve looks like it will bow to demands for more easy money in an economy with plenty to spare, writes Rex Nutting. See full story.
U.S. investigating Deutsche Bank’s dealings with Malaysian fund 1MDB
The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street is threatening to implicate another major global financial institution: Deutsche Bank AG. See full story.
MARKETWATCH PERSONAL FINANCE
Bad news: Banks are cutting yields on savings accounts and CDs. See full story.