Scarborough on Markets: We Are Most Likely Headed into Some Rough Waters Ahead in 2021
SCARBOROUGH: "One of the concerns that I had heard about Steve Mnuchin’s selection was that he wasn't somebody, unlike most former treasury secretaries who had extensive experience on Wall Street with the banks and also with international businesses and CEOs, Steve Mnuchin wasn’t connected. So if we had had a 2008 type crash, he wouldn’t be able to pick up the phone and assure the markets about where the direction of the country and the economy was going. I would say, Janet Yellen is the antithesis of that. We are most likely heading into some rough waters ahead in 2021, even though the market doesn’t show that right now. It seems to me, at least, correct me if I’m wrong, but with the connections that Janet Yellen has across the globe with business leaders, with bankers, she is perfectly suited just for that moment."