Yellen Optimistic on Economy // Retirements Have Surged During Pandemic - 11/1 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

Categories:

(3:00) - It's a major week for earnings, economic data, and policy, with the Federal Reserve set to meet for two days starting on Tuesday. Treasury Secretary Janet Yellen has downplayed movements in treasury yields ahead of the Fed's meeting and expressed confidence in the continued economic recovery.(13:01) - Central banks around the world are becoming more hawkish as they are seeing rates surging in short-term debt markets. Will a short-term sell-off in treasuries come to fruition? If so, how does it affect the average person?(25:46) - Since the pandemic began, there has been a surge in retirements all over the country. In fact, in the last year and a half alone, the percentage of the U.S. population that's retired rose from 18.5% to 19.6%.(32:58) - The economic recovery has brought with it wage growth but also higher prices for consumers. How long will it take for labor demand and labor supply to get closer to being equal?