Bank of America warns of significant short-selling pressure on financial stocks. This risk materializes if the U.S. Treasury's bond buyback program fails to keep 30-year yields below 5%. Strategists expect a flight from risk assets ahead of the November midterm elections.
Goldman Sachs reports significant upside risk to its gold price forecast. Surging demand for call options indicates rising market volatility. Moody's Analytics attributes higher interest rates to the ongoing Iran conflict and Federal Reserve policy uncertainty.