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Subject: Weekly Roundup: Weekend roundup: Facebook | Trade wars | AbbVie's costly disappointment
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MarketWatch - www.marketwatch.com

Weekly Roundup - MARCH 23, 2018
By Philip van Doorn, MarketWatch=20

-----------------------------------------------------------------

Weekend roundup: Facebook | Trade wars | AbbVie's costly disappointment

What Facebook's data breach really means, Trump's trade gambit and what m=
ay be an expensive embarrassment for a drug giant

MARKETWATCH ROUNDED UP 10 OF ITS MOST INTERESTING TOPICS OVER THE PAST WE=
EK.

1. FACEBOOK PILE-ON

Over the past 2 1/2 years =E2=80=94 10 earnings seasons =E2=80=94 investo=
rs have been thrilled to see Facebook Inc. (FB)=C2=A0report quarterly sal=
es growth of more than 40% over the year-earlier period. But the stock ha=
s skidded 7% over the past week, as users, government officials and inves=
tors react to the apparent misuse of Facebook user data by Cambridge Anal=
ytica. Here's a sampling of MarketWatch coverage:

=E2=80=A2=E2=80=89Facebook CEO Zuckerberg's apology tour =E2=80=94 too li=
ttle, too late
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Dc3b422fa2d3a11e88=
1fbb7175f43d5cd&siteid=3Dnwtwk


=E2=80=A2=E2=80=89Why Facebook shares are =E2=80=98dead money' for rest o=
f 2018
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Daac3dde02d0211e89=
57894d7a0c81b4e&siteid=3Dnwtwk


=E2=80=A2=E2=80=89How to get Facebook to stop using your data
https://www.marketwatch.com/story/how-to-get-

=E2=80=A2=E2=80=89The Facebook controversy could be good for Apple
https://www.marketwatch.com/story/why-the-

=E2=80=A2=E2=80=89Web's creator expresses sympathy for =E2=80=98devastate=
d' Mark Zuckerberg
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Da27502da2dc111e89=
57894d7a0c81b4e&siteid=3Dnwtwk


=E2=80=A2=E2=80=89WhatsApp co-founder who made billions from Facebook now=
 says to delete it
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D9a8fc8f82c9911e8a=
70d6b99d4762649&siteid=3Dnwtwk


2. REGULATING COMPANIES THAT COLLECT PERSONAL DATA

This Michigan State University professor believes that regulating Faceboo=
k wouldn't prevent a similar data breach
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D222a2ad22dd111e88=
ef2ad271e51b38b&siteid=3Dnwtwk
. That's because this misdeed was caused by "a wild violation of academic=
 research ethics."

Read about European efforts to protect peoples' privacy on the internet:

=E2=80=A2=E2=80=89How Europe is better at protecting data than the U.S. =E2=
=80=94 and what the Stasi and Nazis have to do with it
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D5fd66c562c6411e8b=
440ddf3ec1a5334&siteid=3Dnwtwk


=E2=80=A2=E2=80=895 things to know about Europe's new data rules
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Da524d5222cf011e88=
1fbb7175f43d5cd&siteid=3Dnwtwk


3. WHY ARE YOU GIVING AWAY YOUR PERSONAL DATA?

One reason there can be a breach of Facebook data is that users of the so=
cial media giant freely give away their information. Here's how little it=
 takes to motivate people to give up their privacy
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D5134ccc6504411e7a=
f54dd159a4a342c&siteid=3Dnwtwk
.

4. =E2=80=98WARRIOR' PRESIDENT STOPS BRAGGING ABOUT THE STOCK MARKET

President Trump was quick to take credit for the stock market's strong pe=
rformance during his first year in office, but things have changed. The D=
ow Jones Industrial Average (DJIA)=C2=A0is on pace for its worst March pe=
rformance since 2001
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D143c60f02df611e88=
ef2ad271e51b38b&siteid=3Dnwtwk
. Early this month when his plan for tariffs on steel and aluminum was an=
nounced, the president described his international trade policy this way:=


https://twitter.com/realDonaldTrump/status/969525362580484098
https://twitter.com/realDonaldTrump/status/969525362580484098Trump loves =
to begin negotiations by taking an extreme position and then backing off.=
 But many investors don't believe it will be easy to win a trade war with=
 China
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D4ee300162e1311e89=
57894d7a0c81b4e&siteid=3Dnwtwk
.=20

Here are some differing opinions about trade conflicts:

=E2=80=A2=E2=80=89=E2=80=98I don't think this is a trade war,' says veter=
an Wall Street strategist
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D8d5aa7362deb11e89=
57894d7a0c81b4e&siteid=3Dnwtwk


=E2=80=A2=E2=80=89With China tariffs, Trump barks but doesn't bite
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D3c9046cc2e9911e88=
ef2ad271e51b38b&siteid=3Dnwtwk


=E2=80=A2=E2=80=89U.S. soybeans would be China's biggest weapon in a trad=
e war
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Dcb69bad429e111e8b=
1af230aaac45264&siteid=3Dnwtwk


=E2=80=A2=E2=80=89EU plus six other nations get temporary U.S. tariff rep=
rieve
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D75815d8a2e6d11e89=
57894d7a0c81b4e&siteid=3Dnwtwk


5. ABBVIE'S PAINFUL TRIAL=20

Shares of AbbVie Inc. (ABBV)=C2=A0plunged 13% on Thursday after disappoin=
ting trial results for a long cancer drug under development that the comp=
any paid $5.8 billion to acquire
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D0172b2662dd411e88=
1fbb7175f43d5cd&siteid=3Dnwtwk
 in 2016. And the footnotes of AbbVie's announcement made the trial resul=
ts look even worse
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Dd26660582df111e88=
1fbb7175f43d5cd&siteid=3Dnwtwk
.

6. ENTHUSIASM FOR DRIVERLESS CARS MAY NEED TO BE CURBED

Car manufacturers and others have been waxing poetic for years about the =
brave new world of driverless cars and trucks that is just around the cor=
ner. There is potential to save tens of thousands of lives annually in th=
e U.S. with the right technology, but this week's fatality in Tempe, Ariz=
., shows the need for a deliberate, well-regulated approach
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Db2d6af662d5d11e88=
ef2ad271e51b38b&siteid=3Dnwtwk
, according to Tarun Wadhwa.

7. EVOLVING THINKING AT THE FED

Rux Nutting describes how U.S. economic cycles run from recession to rece=
ssion and concludes that the Federal Reserve under Jerome Powell continue=
s to show a willingness to let the unemployment rate continue to fall
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Ddf1d4fbe2e1411e88=
ef2ad271e51b38b&siteid=3Dnwtwk
 before hitting the brakes.=20

8. GOOD NEWS FOR AGING WORKERS

Technology has led to continual disruption of labor markets, but demograp=
hic trends might make it easier for more people to keep working well into=
 their 70s
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D9e3d4a1c23b511e88=
157a2a536bad589&siteid=3Dnwtwk
. =20

9. BEWARE TARGET-DATE FUNDS

If you have an employer-sponsored retirement plan, chances are that the p=
lan administrator is touting target-date funds with investment risk tailo=
red to a five-year increment within which you plan to stop working. The i=
dea is to limit risk as you get close to your retirement date. But target=
-date funds may have their own risks
http://www.marketwatch.com/News/Story/Story.aspx?guid=3D32cf87602dc711e89=
57894d7a0c81b4e&siteid=3Dnwtwk
, as Mitch Tubman explains.

10. A MILLENNIAL WRITES ABOUT HOW YOU CAN MAKE YOUR MONEY WORK FOR YOU

Danielle Town, the author of a new book on investing, shares her "billion=
aire-style" approach
http://www.marketwatch.com/News/Story/Story.aspx?guid=3Ddd5b3a9a2c5e11e8b=
de217b71038a65b&siteid=3Dnwtwk
 inspired by Warren Buffett and Charlie Munger.

WANT MORE FROM MARKETWATCH? CHECK OUT OUR PERSONAL FINANCE DAILY OR OTHER=
 NEWSLETTERS, AND GET THE LATEST NEWS, PERSONAL FINANCE AND INVESTING ADV=
ICE.


-----------------------------------------------------------------

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                <div style=3D"float: left; font-color: #73a2a5; font-size=
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                <div style=3D"float: right; font-color: #73a2a5; font-siz=
e: 20px; ">MARCH 23, 2018</div>
              </div>
            </div>
            <div style=3D"padding: 10px;">
              <h1 style=3D"font-family: arial; font-size:19px">Weekend ro=
undup: Facebook | Trade wars | AbbVie's costly disappointment</h1>
              <div style=3D"font-family: arial; font-weight:bold; margin-=
top: 0">What Facebook's data breach really means, Trump's trade gambit an=
d what may be an expensive embarrassment for a drug giant</div><br><div s=
tyle=3D"font-style: italic; font-size: 10pt; font-family: arial">By Phili=
p van Doorn, MarketWatch </div><br><div style=3D"margin-bottom:10px;">
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              <font face=3D"Arial"><B>MarketWatch rounded up 10 of its mo=
st interesting topics over the past week.</B></font><br><br><div style=3D=
"font-family: arial; font-weight:bold; margin-top: 0">1. Facebook pile-on=
</div><br><font face=3D"Arial">Over the past 2 1/2 years =E2=80=94 10 ear=
nings seasons =E2=80=94 investors have been thrilled to see Facebook Inc.=
 (<a style=3D"color:#004276" HREF=3D"http://www.marketwatch.com/tools/quo=
tes/detail.asp?view=3Ddetail&amp;symb=3DFB&amp;siteid=3Dnwhwk">FB</a>)=C2=
=A0report quarterly sales growth of more than 40% over the year-earlier p=
eriod. But the stock has skidded 7% over the past week, as users, governm=
ent officials and investors react to the apparent misuse of Facebook user=
 data by Cambridge Analytica. Here's a sampling of MarketWatch coverage:<=
/font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#0=
04276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Dc3=
b422fa2d3a11e881fbb7175f43d5cd&amp;siteid=3Dnwhwk">Facebook CEO Zuckerber=
g's apology tour =E2=80=94 too little, too late</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Da=
ac3dde02d0211e8957894d7a0c81b4e&amp;siteid=3Dnwhwk">Why Facebook shares a=
re =E2=80=98dead money' for rest of 2018</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"https://www.marketwatch.com/story/how-to-get-">How to get=
 Facebook to stop using your data</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"https://www.marketwatch.com/story/why-the-">The Facebook =
controversy could be good for Apple</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Da=
27502da2dc111e8957894d7a0c81b4e&amp;siteid=3Dnwhwk">Web's creator express=
es sympathy for =E2=80=98devastated' Mark Zuckerberg</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D9=
a8fc8f82c9911e8a70d6b99d4762649&amp;siteid=3Dnwhwk">WhatsApp co-founder w=
ho made billions from Facebook now says to delete it</a>
</font><br><br><div style=3D"font-family: arial; font-weight:bold; margin=
-top: 0">2. Regulating companies that collect personal data</div><br><fon=
t face=3D"Arial">This Michigan State University professor believes <a sty=
le=3D"color:#004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.=
aspx?guid=3D222a2ad22dd111e88ef2ad271e51b38b&amp;siteid=3Dnwhwk">that reg=
ulating Facebook wouldn't prevent a similar data breach</a>
. That's because this misdeed was caused by "a wild violation of academic=
 research ethics."</font><br><br><font face=3D"Arial">Read about European=
 efforts to protect peoples' privacy on the internet:</font><br><br><font=
 face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#004276" HREF=3D"http=
://www.marketwatch.com/News/Story/Story.aspx?guid=3D5fd66c562c6411e8b440d=
df3ec1a5334&amp;siteid=3Dnwhwk">How Europe is better at protecting data t=
han the U.S. =E2=80=94 and what the Stasi and Nazis have to do with it</a=
>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Da=
524d5222cf011e881fbb7175f43d5cd&amp;siteid=3Dnwhwk">5 things to know abou=
t Europe's new data rules</a>
</font><br><br><div style=3D"font-family: arial; font-weight:bold; margin=
-top: 0">3. Why are you giving away your personal data?</div><br><font fa=
ce=3D"Arial">One reason there can be a breach of Facebook data is that us=
ers of the social media giant freely give away their information. Here's =
<a style=3D"color:#004276" HREF=3D"http://www.marketwatch.com/News/Story/=
Story.aspx?guid=3D5134ccc6504411e7af54dd159a4a342c&amp;siteid=3Dnwhwk">ho=
w little it takes to motivate people to give up their privacy</a>
.</font><br><br><div style=3D"font-family: arial; font-weight:bold; margi=
n-top: 0">4. =E2=80=98Warrior' president stops bragging about the stock m=
arket</div><br><font face=3D"Arial">President Trump was quick to take cre=
dit for the stock market's strong performance during his first year in of=
fice, but things have changed. The Dow Jones Industrial Average (<a style=
=3D"color:#004276" HREF=3D"http://www.marketwatch.com/tools/quotes/detail=
.asp?view=3Ddetail&amp;symb=3DDJIA&amp;siteid=3Dnwhwk">DJIA</a>)=C2=A0is =
<a style=3D"color:#004276" HREF=3D"http://www.marketwatch.com/News/Story/=
Story.aspx?guid=3D143c60f02df611e88ef2ad271e51b38b&amp;siteid=3Dnwhwk">on=
 pace for its worst March performance since 2001</a>
. Early this month when his plan for tariffs on steel and aluminum was an=
nounced, the president described his international trade policy this way:=
</font><br><br><font face=3D"Arial"><a style=3D"color:#004276" HREF=3D"ht=
tps://twitter.com/realDonaldTrump/status/969525362580484098">https://twit=
ter.com/realDonaldTrump/status/969525362580484098</a>
</font><br><br><font face=3D"Arial">Trump loves to begin negotiations by =
taking an extreme position and then backing off. But <a style=3D"color:#0=
04276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D4e=
e300162e1311e8957894d7a0c81b4e&amp;siteid=3Dnwhwk">many investors don't b=
elieve it will be easy to win a trade war with China</a>
. </font><br><br><font face=3D"Arial">Here are some differing opinions ab=
out trade conflicts:</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89=
<a style=3D"color:#004276" HREF=3D"http://www.marketwatch.com/News/Story/=
Story.aspx?guid=3D8d5aa7362deb11e8957894d7a0c81b4e&amp;siteid=3Dnwhwk">=E2=
=80=98I don't think this is a trade war,' says veteran Wall Street strate=
gist</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D3=
c9046cc2e9911e88ef2ad271e51b38b&amp;siteid=3Dnwhwk">With China tariffs, T=
rump barks but doesn't bite</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Dc=
b69bad429e111e8b1af230aaac45264&amp;siteid=3Dnwhwk">U.S. soybeans would b=
e China's biggest weapon in a trade war</a>
</font><br><br><font face=3D"Arial">=E2=80=A2=E2=80=89<a style=3D"color:#=
004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D7=
5815d8a2e6d11e8957894d7a0c81b4e&amp;siteid=3Dnwhwk">EU plus six other nat=
ions get temporary U.S. tariff reprieve</a>
</font><br><br><div style=3D"font-family: arial; font-weight:bold; margin=
-top: 0">5. AbbVie's painful trial </div><br><font face=3D"Arial">Shares =
of AbbVie Inc. (<a style=3D"color:#004276" HREF=3D"http://www.marketwatch=
.com/tools/quotes/detail.asp?view=3Ddetail&amp;symb=3DABBV&amp;siteid=3Dn=
whwk">ABBV</a>)=C2=A0plunged 13% on Thursday after <a style=3D"color:#004=
276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D0172=
b2662dd411e881fbb7175f43d5cd&amp;siteid=3Dnwhwk">disappointing trial resu=
lts for a long cancer drug under development that the company paid $5.8 b=
illion to acquire</a>
 in 2016. And the footnotes of AbbVie's announcement <a style=3D"color:#0=
04276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Dd2=
6660582df111e881fbb7175f43d5cd&amp;siteid=3Dnwhwk">made the trial results=
 look even worse</a>
.</font><br><br><div style=3D"font-family: arial; font-weight:bold; margi=
n-top: 0">6. Enthusiasm for driverless cars may need to be curbed</div><b=
r><font face=3D"Arial">Car manufacturers and others have been waxing poet=
ic for years about the brave new world of driverless cars and trucks that=
 is just around the corner. There is potential to save tens of thousands =
of lives annually in the U.S. with the right technology, but <a style=3D"=
color:#004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?g=
uid=3Db2d6af662d5d11e88ef2ad271e51b38b&amp;siteid=3Dnwhwk">this week's fa=
tality in Tempe, Ariz., shows the need for a deliberate, well-regulated a=
pproach</a>
, according to Tarun Wadhwa.</font><br><br><div style=3D"font-family: ari=
al; font-weight:bold; margin-top: 0">7. Evolving thinking at the Fed</div=
><br><font face=3D"Arial">Rux Nutting describes how U.S. economic cycles =
run from recession to recession and concludes that the Federal Reserve un=
der Jerome Powell continues to show <a style=3D"color:#004276" HREF=3D"ht=
tp://www.marketwatch.com/News/Story/Story.aspx?guid=3Ddf1d4fbe2e1411e88ef=
2ad271e51b38b&amp;siteid=3Dnwhwk">a willingness to let the unemployment r=
ate continue to fall</a>
 before hitting the brakes. </font><br><br><div style=3D"font-family: ari=
al; font-weight:bold; margin-top: 0">8. Good news for aging workers</div>=
<br><font face=3D"Arial">Technology has led to continual disruption of la=
bor markets, but demographic trends might make it <a style=3D"color:#0042=
76" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D9e3d4=
a1c23b511e88157a2a536bad589&amp;siteid=3Dnwhwk">easier for more people to=
 keep working well into their 70s</a>
.  </font><br><br><div style=3D"font-family: arial; font-weight:bold; mar=
gin-top: 0">9. Beware target-date funds</div><br><font face=3D"Arial">If =
you have an employer-sponsored retirement plan, chances are that the plan=
 administrator is touting target-date funds with investment risk tailored=
 to a five-year increment within which you plan to stop working. The idea=
 is to limit risk as you get close to your retirement date. But <a style=3D=
"color:#004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?=
guid=3D32cf87602dc711e8957894d7a0c81b4e&amp;siteid=3Dnwhwk">target-date f=
unds may have their own risks</a>
, as Mitch Tubman explains.</font><br><br><div style=3D"font-family: aria=
l; font-weight:bold; margin-top: 0">10. A millennial writes about how you=
 can make your money work for you</div><br><font face=3D"Arial">Danielle =
Town, the author of a new book on investing, <a style=3D"color:#004276" H=
REF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3Ddd5b3a9a2c=
5e11e8bde217b71038a65b&amp;siteid=3Dnwhwk">shares her "billionaire-style"=
 approach</a>
 inspired by Warren Buffett and Charlie Munger.</font><br><br><font face=3D=
"Arial"><B><i>Want more from MarketWatch? Check out our <a style=3D"color=
:#004276" HREF=3D"http://www.marketwatch.com/News/Story/Story.aspx?guid=3D=
39c78bbad41511e6bcd6e2a1a77ce9a2&amp;siteid=3Dnwhwk">Personal Finance Dai=
ly</a>
 or <a style=3D"color:#004276" HREF=3D"https://id.marketwatch.com/access/=
50eb2d087826a77e5d000001/latest/login_standalone.html?url=3Dhttp%3A%2F%2F=
www.marketwatch.com%2Fuser%2Fnewsletter">other newsletters</a>
, and get the latest news, personal finance and investing advice.</i></B>=
</font><br><br><hr size=3D"1" noshade color=3D"#cccccc">
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