Hot Reads: Does State Street Need A Deal?

Plus, 'ARKK' keeps sliding on tech's rout.

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Does State Street Need A Deal To Save Its ETF Business? (Financial Times)

Activist investor Nelson Peltz may be pushing Invesco toward a merger with State Street.

 

ARK Funds Keep Sliding (MarketWatch)

Cathie Wood’s flagship "ARKK" fund lost almost 4% on Monday’s tech rout.

 

Yellen: US Faces Recession If Congress Doesn’t Raise Debt Ceiling Within 2 Weeks (CNBC)

The U.S. is moving closer and closer toward its first-ever default.

 

China Property Sector Default Woes Deepen (Reuters)

It’s not just Evergrande in trouble.

 

Best Factors In Q3 2021 (Factor Research)

Value is the only year-to-date positive performer.

 

SSGA: Gold Still An Attractive Alternative Investment (FA Magazine)

Although it’s down for the year so far, it still makes sense as a safe haven asset.

 

Filtering Out The Noise (Jackson Hole Economics)

There’s a lot going on in the markets, but there is less to fear today than many pundits suggest.

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