Closing Bell Overtime: Treasury Secretary Yellen On Debt Ceiling, Banking Crisis And Recession Risk 5/8/23
Secretary Yellen joined in a live interview, saying she can’t rule out a recession but doesn’t think it’s the most likely path for the US economy. She also said there are no good options if the debt ceiling isn’t raised. Markets ended the session little changed. Miller Tabak’s Matt Maley and Cantor Fitzgerald’s Eric Johnston break down the market action. Earnings from PayPal, Palantir, Lucid. Unlimited CEO Bob Elliot on the latest developments in the regional banking crisis. Our Julia Boorstin previews CNBC’s Disruptor 50.
May 8, 2023
47 min
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595 of 2,295
May 8, 2023
Closing Bell Overtime: Treasury Secretary Yellen On Debt Ceiling, Banking Crisis And Recession Risk 5/8/23
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47:11This episodeClosing Bell Overtime: Treasury Secretary Yellen On Debt Ceiling, Banking Crisis And Recession Risk 5/8/23
Summary
Secretary Yellen joined in a live interview, saying she can’t rule out a recession but doesn’t think it’s the most likely path for the US economy. She also said there are no good options if the debt ceiling isn’t raised. Markets ended the session little changed. Miller Tabak’s Matt Maley and Cantor Fitzgerald’s Eric Johnston break down the market action. Earnings from PayPal, Palantir, Lucid. Unlimited CEO Bob Elliot on the latest developments in the regional banking crisis. Our Julia Boorstin previews CNBC’s Disruptor 50.
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