NewsWatch: ‘Black Swan’ author says if investors don’t use a ‘tail hedge,’ he recommends ‘not being in the market’—‘We’re facing a huge amount of uncertainty’

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MARKETWATCH FRONT PAGE

Speaking during an interview on CNBC on Friday, the popular author Nassim Taleb, offers the notion that investors should be hedged against so-called tail risk, which refer to extreme events that also have a low probability of happening in a distribution of outcomes. See full story.

Peggy Noonan says Trump ‘cannot’ lead in a crisis — and calls on Biden to step up

The conservative columnist also writes that Trump ‘doesn’t understand his own base’ See full story.

These 5 giant stocks are driving the U.S. market now, but watch out down the road

Powerful stock-market leaders ultimately take a fall, writes Mark Hulbert. See full story.

Are the dividends from your bank stocks safe? Stress test results put pressure on future payouts

Among the ‘big six’ U.S. banks, it appears Wells Fargo is the most at risk for a third-quarter dividend cut. See full story.

Letter from Arizona: Hospitals grapple with a surge in coronavirus cases, while life outside continues as normal

Construction on the border wall on the southern border with Mexico also appears to be gaining momentum, bringing more workers to the southern part of the state. See full story.

MARKETWATCH PERSONAL FINANCE

Plus: tips for your retirement money. See full story.

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