Market Watch: Cracks in Financial Markets Fuel Debate on Whether the Next Crisis is Inevitable

Article by Vivien Lou Chen in Market Watch

To paraphrase a quote by legendary investor Warren Buffett: It’s only when the tide goes out that you discover who’s been swimming without a suit.

In this case, the metaphorical tide represents the end of an ultralow interest-rate era in the U.S., with borrowing costs now rising at the fastest pace in decades due to inflation. The Federal Reserve’s main policy rate target appears to be heading next month toward 4%, a level that some say is enough to send shivers through the financial system...

To read this article in Market Watch in its entirety, click here.