It could take six more years for the Federal Reserve to shrink its mortgage bondholdings to less than $1 trillion, according to a Goldman Sachs estimate.
The Tell: Why the stock market’s September stumble isn’t just about rising bond yields
As stock-market investors worry about the damage to equities being inflicted by a jump in Treasury yields, revisions to S&P 500 earnings forecasts may also be an underappreciated force souring sentiment.
: Alcoa’s stock rocked after unexpected CEO transition
Alcoa’s stock slumped to a multiyear low Monday as the aluminum company said Roy Harvey had been replaced as chief executive officer after seven years in the role.
IPO Report: IPO market shows fatigue as trio of big tech deals languish in second week of trading
The initial public offering market was again showing signs of fatigue on Monday, with the three big tech deals that priced last week falling again.
: These are the most overvalued housing markets in the world, according to UBS
House prices declined in several major cities around the world over the last year, while some cities are entering ‘bubble’ territory.
: Tesla’s stock snaps losing streak, as EV maker looks to build India battery factory
Tesla Inc.’s stock got a late-session boost and ended in the black on Monday.
Coronavirus Update: Long-COVID patients have clear hormonal and immune differences, research shows, raising hope for treatments
Study finds path to understand and address the root causes of long COVID, researchers say
: Nio denies report of capital raise, and stock pares losses
Nio denied “media speculations” that it was considering another capital raise, but the stock sank toward the lowest prices seen in more than three months.
The Margin: Government shutdown-related Google searches on Social Security, veterans benefits spike over 5,000% Monday morning
Americans are asking, ‘How will a government shutdown affect me?’ Here’s what you need to know.
The Tell: Hedge funds are boosting bets against U.S. stocks as selloff continues, Goldman Sachs says
Hedge funds have been ramping up bets against U.S. stocks amid the worst streak of losses for the S&P 500 since the collapse of Silicon Valley Bank, according to data from Goldman Sachs Group’s prime brokerage unit.
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