Treasury Secretary Yellen Says Significant Share Of Americans Have Not Seen Meaningful Growth In Their Real Income In A Long Time; Says Investments In Infrastructure, Chips, Green Energy Will Create Jobs
Portfolio Pulse from Benzinga Newsdesk
Treasury Secretary Yellen stated that a significant portion of Americans have not experienced meaningful growth in their real income for a long time. She suggested that investments in infrastructure, chips, and green energy could create jobs.
October 26, 2023 | 5:36 pm
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NEUTRAL IMPACT
Yellen's comments may influence the overall market sentiment, potentially affecting the SPY ETF. The focus on infrastructure, chips, and green energy could benefit related sectors.
While SPY is not directly mentioned, Yellen's comments on the economy can influence overall market sentiment, which in turn can affect the SPY ETF. The focus on infrastructure, chips, and green energy could lead to increased investment in these sectors, potentially benefiting related stocks within the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75