NewsWatch: This ‘anti-bubble’ investment could save your portfolio, says hedge-fund manager who’s returned 47% this year

NewsWatch: This ‘anti-bubble’ investment could save your portfolio, says hedge-fund manager who’s returned 47% this year

15 Jul    Finance News
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Diego Parrilla is on the lookout for anti-bubbles. In other words, the manager behind the $450-million Quadriga Igneo hedge fund’s investment process focuses on cheap assets poised to perform when bubbles burst. See full story.

‘My PPP loan allowed me to reopen, but it is not going to allow me to stay open’ — restaurant owner lobbies Congress for $120 billion relief fund

The remarks came during a virtual House Small Business Committee hearing that was intended in part to look at ways to help industries that have been disproportionately hurt by COVID-19. See full story.

Auto icon Bob Lutz once predicted Tesla was headed to the ‘graveyard’ — 430% later, he’s not so sure

Bob Lutz in 2018 said Tesla was “headed for the graveyard.” Then, earlier this year, he described Tesla’s rally as “almost a mass psychosis” when the stock was trading at about half where it is right now. He’s still not quite on board. See full story.

I’m retired, my wife isn’t — how should we pay off our $60,000 mortgage before she retires?

Have a question about retirement, including where to retire? Email HelpMeRetire@marketwatch.com See full story.

Fauci doubles down on criticism of White House coronavirus response as relationship with Trump sours: ‘We haven’t even begun to see the end of it yet’

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, visited the White House this week, but has not briefed the president since June 2 See full story.

MARKETWATCH PERSONAL FINANCE

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