NewsWatch: Why the stock market’s ‘worst-case’ scenario depends on these 3 ingredients

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MARKETWATCH FRONT PAGE

Treasury yields are heading higher, says Jefferies, but nervous stock-market investors should also keep an eye on credit spreads and the U.S. dollar. See full story.

Big city flight led to surging suburban home prices — Will it outlast the pandemic?

Home prices are surging in less dense suburbs of big cities in the past year due to the pandemic. But as the U.S. vaccination effort ramps up, Fitch Ratings expects price gains in the suburbs to cool. See full story.

What’s next for coronavirus stimulus? A series of hurdles

Congressional Democrats are prepping their legislative package to carry out President Joe Biden’s $1.9 trillion coronavirus stimulus plan with an eye to getting it passed by the middle of next month. See full story.

To profit from planned merger of Tilray and Aphria, buy Aphria, says this analyst

Investors seeking to profit from the merger of Canadian cannabis companies Tilray Inc. and Aphria Inc. are best to do so by buying shares of Aphria, which are trading at a 51% discount over the merger conversion price, Cantor Fitzgerald analyst Pablo Zuanic said Tuesday. See full story.

Elon Musk’s carbon footprint looks modest by billionaire standards — but then he doesn’t own a yacht

The “winner” is Roman Abramovich, and Bill Gates is middle of the pack. See full story.

MARKETWATCH PERSONAL FINANCE

‘Once marijuana becomes legal for recreational use among adults, many people use it for medicinal purposes,’ researchers found. See full story.