The Next Steps for Twitter and Elon Musk; The Energy Industry Faces Structural Supply Challenges; Will Mortgage Rates Above 5% Take Some Heat Out of the U.S. Housing Market? 4/18/22
Axios’ Sara Fischer and CFRA analyst Angelo Zino discuss the move by Twitter’s board to limit Elon Musk’s ability to increase his stake in the company, and whether he could potentially secure financing for his takeover bid. Plus, Eric Nuttall of Ninepoint Partners says the combination of underinvestment and falling inventories could lead to oil prices hitting an all-time inflation-adjusted high by 2023. And, the CEO of Coldwell Banker Real Estate weighs in on the state of the housing market, with mortgage rises continuing to move well above 5%.
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