NewsWatch: A tangled market web of Tesla-bitcoin-ARK Investment could spell trouble for investors, warns strategist

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MARKETWATCH FRONT PAGE

Our call of the day comes from Saxo Bank’s head of equity strategy, who is worried that Tesla is wrapped up in a tangled market web, and investors could pay the price. See full story.

Billionaire philanthropy is a ‘PR scam,’ says CEO who raised his workers’ minimum pay to $70,000

‘In reality, the amount [billionaires] donate is a fraction of what they would pay if their tax rates were in line with the working class,’ Gravity Payments CEO Dan Price told MarketWatch. See full story.

The $1.9 trillion Biden stimulus plan is moving forward — here are the biggest parts of it

The House Budget Committee on Monday advanced a $1.92 trillion bill to carry out President Joe Biden’s coronavirus relief plan, the first step toward likely House passage by the end of the week. See full story.

Productivity will calm inflation this year — these are the types of stocks you’ll want to own

Investors will want to favor “reopening” stocks as well as financial, cyclical and industrial companies. See full story.

I’m 28, have zero debt, a 401(k), Roth IRA and $45K in the bank. My parents want me to save for a home. I want a Tesla Model 3. Who’s right?

‘I believe I can buy the car and strap down, and save more aggressively to replenish the funds.’ See full story.

MARKETWATCH PERSONAL FINANCE

Here’s a response to feeling burned out at work or depleted by relationships. See full story.

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