The Daily

The word “correction” sounds healthy and necessary, as if there’s a fully justified rebalancing of something that’s out of proportion. Yet, when a stock market correction is happening in real time, it can feel scary and unwarranted — and it may seem like the correction will inevitably devolve into a full-on crash.

There are ways to protect yourself against market crashes,

 » Read more about: Stock Market Correction: What Happens After a 10% Drop?  »

(Bloomberg) — Millions of private-sector workers without employer-sponsored retirement savings plans could gain access to  new tax-advantaged plans similar to one in place for federal workers, President Donald Trump pledged in his State of the Union speech Tuesday night. 

The new 401(k)-type plan would be modeled after the low-fee federal Thrift Savings Plan,

 » Read more about: Trump Pledges New Retirement Savings Plan for Workers Without 401(k)s  »

 » Read more about: 3 PIMCO Mutual Funds Positioned for Strong Fixed-Income Performance  »

After 30 years, U.S. Rep. Lloyd Doggett will attend his 27th and final State of the Union address as a congressman on Tuesday night.

 » Read more about: US Rep. Lloyd Doggett reflects on memorable moments, economy, tariffs and foreign policies from past State of the Union addresses  »

It’s time for investors to think about the progression of autonomous vehicle technology.

 » Read more about: Uber's CEO Just Delivered Disappointing News for Tesla Stock Investors  »

While gold and silver ETFs present an attractive option,

 » Read more about: Investing in gold and silver ETFs? These funds delivered up to 172% returns  »

Seyffart also said investment advisers and hedge funds led the reduction in exposure. He identified Brevan Howard as the largest reducer, with more than 17,000 BTC worth of ETF shares sold. That concentration suggests a meaningful share of the quarter’s selling came from a small number of large allocators.

Form 13F filings track holdings reported by institutional investment managers with at least $100 million in qualifying securities.

 » Read more about: US Spot Bitcoin ETFs Inflows Rebound as Q4 Filings Show Institutional Selling  »

In comments on Tuesday night, President Trump said he is hoping to make a deal with Iran, but only if the Iranians are willing to pledge to never develop nuclear weapons.

“We want to make a deal but we haven’t heard those secret words: ‘We will never have a nuclear weapon,’”

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures rise with Nvidia earnings on deck  »

President Donald Trump made numerous false or misleading claims in his State of the Union address on Tuesday night.

Many of them were long-debunked falsehoods familiar from his rallies, interviews and social media posts. These include various lies disparaging the fairness of US elections, his false claim that he ended wars that were never actually wars or never actually ended,

 » Read more about: Fact check: Trump makes false claims about the economy, elections and crime in State of the Union  »

 » Read more about: Trump’s policies threaten global economy: Experts  »