U.S. markets close in 3 hours 39 minutes
  • S&P 500

    3,859.13
    +29.79 (+0.78%)
     
  • Dow 30

    31,302.64
    -99.37 (-0.32%)
     
  • Nasdaq

    13,357.89
    +238.46 (+1.82%)
     
  • Russell 2000

    2,214.31
    +14.14 (+0.64%)
     
  • Crude Oil

    62.31
    -1.22 (-1.92%)
     
  • Gold

    1,718.50
    -56.90 (-3.20%)
     
  • Silver

    26.25
    -1.43 (-5.17%)
     
  • EUR/USD

    1.2089
    -0.0097 (-0.80%)
     
  • 10-Yr Bond

    1.4980
    -0.0200 (-1.32%)
     
  • GBP/USD

    1.3956
    -0.0057 (-0.41%)
     
  • USD/JPY

    106.6580
    +0.4280 (+0.40%)
     
  • BTC-USD

    47,959.52
    -3,177.11 (-6.21%)
     
  • CMC Crypto 200

    963.72
    +30.58 (+3.28%)
     
  • FTSE 100

    6,483.43
    -168.53 (-2.53%)
     
  • Nikkei 225

    28,966.01
    -1,202.26 (-3.99%)
     

Supporting Demand Is Not a Reason for Blank Checks: Summers

Feb.05 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says that supporting demand is not a reason for blank checks. He thinks that a contingency plan will be needed to account for a perfect storm of good news coming from vaccines and stimulus, which could cause inflation. He joins David Westin on "Bloomberg Wall Street Week."