NewsWatch: Perma-bear Albert Edwards warns stocks have ‘drunk the Kool-Aid’ as recession looms
MARKETWATCH FRONT PAGE
Albert Edwards, global strategist at Société Générale, cautions that the moment of reckoning for stocks is near and investors should stop buying into the fantasy of a robust economy. See full story.
Graham expresses doubt over Kavanaugh accuser’s story, says it won’t sway his vote
South Carolina Sen. Lindsey Graham says he will listen to the testimony of Christine Blassey Ford, but it will likely not change his vote on the nomination. See full story.
Economy keeps pumping, but now the Fed wants to let out some air
The cost of borrowing money in the U.S. is going up this week thanks to the Federal Reserve — and a pumped-up economy. See full story.
OPEC expects U.S. shale growth to slow significantly in less than 5 years
U.S. shale oil production will peak by the late 2020s, triggering renewed demand for OPEC crude after an expected decline and stagnation, the oil cartel said Sunday. See full story.
Why the latest warnings about cuts to Social Security and Medicare are a reason to worry
Social Security and Medicare are still looking wobbly See full story.
MARKETWATCH PERSONAL FINANCE
Sprint and mobile virtual networks offer ways of getting Apple’s latest phone on the cheap. See full story.
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