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Mar 3, 2017

03/03/2017: Two big speeches

Donald Trump and Janet Yellen both gave big speeches this week: one about the state of the economy and some detail-light plans for kickstarting it, and one about finally (finally) raising interest rates. We’ll pick apart both and talk about how markets are reacting on the Weekly Wrap. Then we’ll look at the theory vs. the reality of Republicans’ proposed border adjustment tax and the Obamacare replacement that’s inching forward. Plus, the fight in your supermarket over what qualifies as “milk” and McDonald’s foray into delivery.

Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of Congress on Capitol Hill in Washington, D.C. on Nov. 17.  In mid-November,  Yellen confirmed that a hike in federal interest rates was on its way soon.
Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of Congress on Capitol Hill in Washington, D.C. on Nov. 17. In mid-November, Yellen confirmed that a hike in federal interest rates was on its way soon.
JIM WATSON/AFP/Getty Images

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Donald Trump and Janet Yellen both gave big speeches this week: one about the state of the economy and some detail-light plans for kickstarting it, and one about finally (finally) raising interest rates. We’ll pick apart both and talk about how markets are reacting on the Weekly Wrap. Then we’ll look at the theory vs. the reality of Republicans’ proposed border adjustment tax and the Obamacare replacement that’s inching forward. Plus, the fight in your supermarket over what qualifies as “milk” and McDonald’s foray into delivery.

03/03/2017: Two big speeches