Treasury Yields Near ‘Uncomfortable Levels’ — Market Talk
February 22, 2021
Wall Street ends with no change after a gloomy week
February 22, 2021Peter Cardillo, in an exclusive conversation with ET Now about the global markets and gold about the new US Treasury Secretary Janet Yellen who has pushed for a more stimulus economic recovery. The $1.9 trillion stimuli will help United States get back to full employment levels that were widely hit amidst the COVID economy. He also talks about the COVID vaccine drive that can have an impact on the market. ‘The markets are happy with the stimulus’, says Peter Cardillo. He also has a positive perspective on the growth and the economic recovery and how it is picking up speed. He also adds that Janet Yellen has focused on over-stimulating rather than not stimulating. Watch the video to know more!
