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NewsWatch: ‘Dr Doom’ Faber says Trump is killing the dollar — and that’s why people are diving into bitcoin

MARKETWATCH FRONT PAGE

It’s a big day for inflation data and that could boost the buck. However, Dr. Doom, also known as Marc Faber, says the dollar is in for a rough time longer term, thanks to Trump. The alternatives are few, though, and bitcoin isn’t one of his favorites. See full story.

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U.S. stock futures retreat on Thursday following data on jobless claims and inflation, which helped to keep benchmarks in check after a recent run of back-to-back records. See full story.

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