
(Bloomberg) -- John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet another frothy housing market some 15 years later, the founder of Paulson & Co. says another downturn in US home prices may be in the cards -- but the banking system is in a much better condition to handle it. Paulson sat down with Bloomberg for a wide-ranging interview at the Union League of Philadel

The selling in stock markets looks poised to continues, warns veteran strategist Sam Stovall.

The 86-year-old investing legend has spoken. Pay attention.

(Bloomberg) -- Asset-management giant Vanguard Group is shutting down one of its US exchange-traded funds for the first time. Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEWall Street Banks Prep for Grim China Scenarios Over TaiwanStocks Fall; Pound Drops as BOE Fails to Reassure: Markets WrapInterpol Issues Red Notice for Terra’s Do Kwon, Korea SaysThe $39.7 million Vanguard U.S. Liquidity Fact
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