Dollar’s Strength Shows Trust in Trump, Mnuchin Says (Correct)
U.S. Treasury Secretary Steven Mnuchin talks about the dollar’s strength and tells David Gura that the Trump administration hasn’t yet made a decision on whether to replace the Fed chair. Prior to that, Drew Matus, MetLife Investment Management’s chief market strategist, says the thing that’s being misunderstood the most is that low productivity is cyclical, not structural. Bill Priest, CEO of Epoch Investment Partners, says the VIX is at an abnormally low level. Finally, Tom Leighton, CEO of Akamai Technologies, says people must have the discipline to shut down projects that don’t work.\u0010\u0010(Includes introduction to Steven Mnuchin.)
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