Is Elon Musk ringing the bell for a landmark moment for markets? - Sydney Morning Herald


5/3/2022 12:00:00 AM3 years 10 months ago
by Stephen Bartholomeusz

The forces that have powered markets since the 2008 global financial crisis are vulnerable. When hindsight is available, Elon Musk’s Twitter move might be seen as a watershed moment.

The Fed is about to announce a 50 basis point increase in its policy rate and is expected to foreshadow both a series of similar moves throughout this year that would take the federal funds rate from… [+3902 chars]

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