MarketWatch rounds up 10 of its most interesting topics over the past week.
1. Turkey’s crisis and mismanagementTurkey isn’t reacting typically to its currency crisis, as Mohamed El-Erian explains. While President Trump’s doubling of tariffs on U.S. imports of steel and aluminum served as a catalyst for the decline of the Turkish lira, excessive borrowing in U.S. dollars and a lack of understanding of basic economics are the real underlying reasons.
More on Turkey’s currency crisis and spillover:
• Mark Mobius says Turkey capital controls would set a ‘very, very bad example’
• Why Turkey’s currency crisis is rattling Europe bank stocks and the euro
• Trump poured jet fuel on Turkey’s currency crisis
• Strategists see four ways out of Turkey’s currency crisis
• How the lira selloff compares to Turkey’s previous crises
2. Why investors should see Turkey’s market disruption as an opportunityMark Hulbert points out how resilient U.S. stocks have been after various international market crises.
More on investing during market disruptions:
• Fund manager ‘nibbles’ on international stocks hurt amid crises in Turkey, Argentina
• Turkey ETF sees highest inflows in five years amid currency crisis
3. Other countries at risk of falling currency valuesPlenty of Asian countries have elevated levels of debt in U.S. dollars that can put significant downward pressure on their currencies.
4. An entrepreneur talks about being careful with moneyReddit co-founder Alexis Ohanian shares advice about living frugally.
5. Fixing credit reporting has a dramatic effectAfter the three main U.S. credit reporting agencies — Experian EXPN, -0.13% Equifax EFX, +2.57% and TransUnion TRU, +0.35% — agreed to clean up their business processes, the number of people with accounts in collections fell dramatically.
6. Career opportunity: drone pilotSome drone pilots make a lot of money — into the six figures.
7. Nvidia buzzNvidia NVDA, -4.87% on Thursday reported a 40% increase in second-quarter sales, but some investors were disappointed after a decline in sales related to cryptocurrency mining.
More on Nvidia:
• Nvidia says crypto-mining boom is over for now
• Nvidia announces first products with new Turing graphics technology
• Gaming and data-center should pave over any auto, crypto weakness
• Analysts are more bullish on Nvidia stock despite investor disappointment
8. Another giant company jumps into the health-care gameThis time it is Comcast CMCSA, -0.17% that is looking to leverage its massive digital delivery platform by facilitating communications between health-care providers and their patients.
9. Sick of high commissions on home sales?The typical commission for selling a home is 6%, with 3% going to the listing agent, who may do very little work for that money. Here’s how you might pay a lot less to sell yours.
10. Watch out Tesla — here comes competition from ChinaNio, an electric-car manufacturer based in Shanghai, has filed for an initial public offering in the U.S. Here are five things investors should know about Nio.
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