Concerned joblessness could rise in Europe: The Conference Board chief economist

Dana Peterson, The Conference Board chief economist, joins 'Closing Bell' to discuss the state of the economy amid the coronavirus recovery, the action the Fed is taking and the state of the consumer. It looks like the economy is slowing heading into the fourth quarter, and perhaps even stalling. It seems like the data just isn't as strong as it was over the summer. When we look at the labor market, initial jobless claims this morning remain stalled.