WHY IS WALL STREET FREAKING OUT OVER THE BOND YIELD AND DOES IT MAKE SENSE?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 6 July 2022
⏱️ 59 minutes
🧾️ Download transcript
Summary
National Progressive Townhall Meeting with Congressman Mark Pocan. Also Professor Richard Wolff explains how the bond yield has inverted and when that happens Wall Street freaks out. What does it mean and why?
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Transcript
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| 0:28.2 | iHeartRadio |
| 0:42.8 | This is the Tom Hartman program. |
| 0:46.8 | And greetings, my friends, patriots, lovers. |
| 0:49.2 | I've done democracy truth and justice, believers in peace, freedom and the American way. |
| 0:54.3 | We've got a huge show today. |
| 0:55.7 | In just a moment, Congressman Mark Pocan will be with us taking your calls. |
| 1:00.1 | Congressman Pocan, member of the Congressional Progressive Caucus. |
| 1:03.2 | Professor Richard Wolf will be with us. |
| 1:05.1 | The bond yield has inverted, which freaks out Wall Street. |
| 1:08.8 | What does this mean? |
| 1:10.8 | And why should we care? |
| 1:12.6 | We'll talk about that. |
| 1:13.6 | But first, Congressman Mark Pocan is on the line with us. |
| 1:16.7 | Congressman Pocan is a member and former co-chair of the Congressional Progressive Caucus. |
| 1:21.4 | He's on the Appropriations Education Labor Committees. |
| 1:23.9 | Pocan.house.gov is his website. |
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