Weekend roundup: Investors’ opportunity in Turkey | Nvidia’s mixed reception | How to lower real-estate agents’ commissions
MarketWatch rounds up 10 of its most interesting topics over the past week.
Turkey 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
Mark 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
Plenty of Asian countries have elevated levels of debt in U.S. dollars that can put significant downward pressure on their currencies.
Reddit co-founder Alexis Ohanian shares advice about living frugally.
After the three main U.S. credit reporting agencies — Experian EXPN, -0.13% Equifax EFX, +1.75% and TransUnion TRU, -0.17% — agreed to clean up their business processes, the number of people with accounts in collections fell dramatically.
Some drone pilots make a lot of money — into the six figures.
Nvidia NVDA, -5.07% 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
This time it is Comcast CMCSA, -0.01% that is looking to leverage its massive digital delivery platform by facilitating communications between health-care providers and their patients.
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.
Nio, 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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