You'd be forgiven for mistaking some of the news from
the last month as a script for a cheap spy novel. Thirteen
Russians and three companies were indicted for collusion in the
2016 US election, Tesla's Elon Musk sent a convertible
sportster into orbit and there were claims that the VIX
volatility index had been tampered with to manipulate the
explosive stock markets.
Setting a standard
It was an eventful first day at the office for the new chair
of the Federal Reserve, Jerome Powell, which coincided with the
1175 point drop in the Dow Jones Industrial Average –
the largest in history. The market crash coincided with a
four-year high in interest rates and a 0.5% rise in the
consumer price index, a key indicator of a possible return to
There was further drama at the...