Sunday, June 07, 2020

Larry Summers: Torn Asunder In A Tumultuous Week

Fundamental constraints on the economy have not changed

June 5 -- Lawrence H. Summers, former U.S. Treasury Secretary, says that the rebound in U.S. hiring in May does not change the fundamental constraints on the economy. 
He cautions that the bounce-back in the labor market could reflect earlier optimism rather than current conditions. 

 He joins David Westin for an exclusive take on "Bloomberg Wall Street Week."
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Read the fine print. . .

     New Hazard for Treasuries Hides in Bond Futures’ Fine Print As US 30-year securities head ever closer toward 6%, the move threatens a s...