Inflation Is Making a Comeback, But Shah Isn’t Worried

0 | By Wall Street Insights and Indictments Staff

The 10-Year Treasury yield stepped into dangerous territory this week when it toed the line of 3%, finally settling to 3.07% this morning. It’s a sure sign of inflation, and it’s certainly a big loss in the bond world, but Shah Gilani isn’t worried…

On this week’s installment of Varney & Co., Shah and host Stuart Varney discuss what’s going on with Macy’s Inc. (NYSE:M)’s stock and why Shah won’t touch it. Later, Inc. (NasdaqGS:AMZN) has extended their empire further by offering Prime members an extra discount at Whole Foods – and Shah talks about what that means for Amazon’s slowly withering competitors.

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