Weekly Wrap For The Week Ending December 16th, 2022

Weekly Wrap For The Week Ending December 16th, 2022

about 1 year ago1 min

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Key takeaways from this week:

  • The Federal Reserve, the bank of England and the European Central Bank all slowed the pace of their rates rises to 0.5 percentage points as inflation across the regions looks to have peaked
  • Biotech giant Amgen announced a near-$30 billion purchase of drugmaker Horizon Therapeutics
  • Elon Musk has been dethroned as the world's richest person by LVMH titan Bernard Arnault

And if you're gonna read one insight this week, make it this one looking at if Tesla's stock price is too low or not right now.

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