NBC News published this video item, entitled “Fears On Wall Street After Week Of Historic Losses” – below is their description.
Wall Street spent another day in turmoil. The broad S&P climbed back after heavy selling but is still down. The Dow was down 600 points, then rallied. It’s lost ground for eight consecutive weeks. Retailers are feeling the pain of inflation, while families are forced to make tough choices. Amid fears of a recession, Treasury Secretary Janet Yellen is now warning there’s a risk of stagflation.
NBC News YouTube Channel
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