US Shares rise ahead of Yellen Testimony


US Futures rise ahead of Janet Yellen testimony in her confirmation hearing as new Secretary of Treasury. Main questions will be about the debt which increase rapidly last year and is now over 21 trillion dollars and Biden administration is set to continue this way and spend even more borrowed money, so main question will be how much debt is enough debt. Yellen as a former FED Chair during 2008 crisis recovory years is highly qualified and is expected to be confirmed as a new Secretary which will be good things for markets. (Davidson, Wall Street Journal)

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