The fed is taking out all this bond buying. It means that dealers, so, you knowta the go betweens between different investors, that kind o are the shock absorber of the market. The household balance sheet is weigh better to day than it was the last time interest rates shot up higher.
Bloomberg Intelligence Chief U.S. Interest Rates Strategist Ira Jersey on Fed Chair Jay Powell and Treasury Secretary Janet Yellen Senate Banking Committee Testimony. Dr. Iman Abuzeid, Co-Founder and CEO at Incredible Health, on the impact of the pandemic on nurses. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Correspondent Kyle Stock on Online Used-Car Dealers Thrive in Market Upended by Pandemic. Bloomberg News Consumer Reporter Leslie Patton on the Bloomberg Big Take- Ruined Brazil Harvest Sparks Food Inflation Everywhere. Bloomberg News Finance reporter Hannah Levitt on Wells Fargo Investors on Edge as Bank Resolves Another Probe. And then we Drive to the Close with Jimmy Lee,
Founder and CEO at Wealth Consulting Group. Hosted by Carol Massar and Tim Stenovec. Producer: Paul Brennan
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