Evening Edition: 'Double Dip' Recession Warnings In 2021

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 24 November 2020

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Joe Biden will be selecting former Federal Reserve Chairwoman Janet Yellen as his Treasury Secretary and together they are expected to face similar challenges with the economy as the outgoing administration has had. The first two quarters of the new year could see some shrinking as new lockdown restrictions are being put into place and a new pandemic relief package is still in limbo. FOX’s Trey Yingst speaks with FOX's Blake Burman on the early analysis of the economy in 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi all how we doing afternoon afternoon let's get this meeting meeting meeting
0:06.0	started
0:07.0	when everyone's home erepte work mode
0:12.0	when everyone's home ee work mode prioritizes your broadband for working from home, with faster speeds in more places than anyone else.
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0:21.0	This is broadband made for working from home search
0:24.2	e. broadband powered by BT work mode with e. smart hub plus to verify see ee dot
0:29.1	credit e. claims I'm Jason Chaffetz I'm Katie Pavlich I'm
0:33.4	Jaysayphids I'm Steve Doosey and this is the Fox News rundown
0:38.4	Tuesday November 24th
0:40.5	2020 I'm Trey Inks.
0:42.8	The Dow Jones broke a record today as stock soared in the United States, but the economic
0:48.0	outlook for America might not be as bright.
0:50.7	The stock market is good.
0:52.1	That is great, undoubtedly.
0:54.0	But there's a lot of other questions going forward about what this economy could look like.
0:58.1	And many economists, many companies feel that there could be some sort of a stall going forward especially if there isn't a
1:05.6	relief package here in Washington DC.
1:08.5	This is the Fox News rundown, evening addition. Evening Edition. Former Federal Reserve Chair Janet Yellen is set to be President-elect Biden's Treasury Secretary.
1:21.0	Yellen will face an uncertain economic outlook for the new administration in the wake of the
1:26.0	COVID-19 pandemic.
1:28.1	Not only will federal programs need to be addressed, but some sort of bipartisan deal on Capitol Hill will have to unfold in order to continue
	...

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