Bessent ‘doesn’t worry’ about long-term market, guarantees will not be with ‘problem’
Nuveen Coo Saira Malik examines US market condition and share its economic view of ‘Barron Roundtable. ‘
Secretary of Treasure Scott Besstent said he was concerned about US markets for a long time, whether shares crossed Donald Trump tax prices, telling Americans to “disaster.”
Bessent made words during appearance “meet the media,” saying that the market market is not working, “when asked if retired retirement,”
“We have great government shortage, 6.7% in GDP,” Bessent said. “We have never seen this when we are not during the war, not in recession. We bring those downwardly. And we won’t be disastrous.”
Bessent said the stock market “is healthy” and “normal.”
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TREUSE secretary Scott Sunday said “I don’t worry” about US markets for a long time as Trump management look at the “” Riches to Return to America. (Victor J. Blue / Bloom Modes / Getty Photos)
“The healthy is definitely, that is, Euphoric markets,” he said. “It’s the way you get financial hardship.”
Bessent noted that if “someone was putting the brakes in ’06 -’07,” it would prevent problems leading to 2008 accent.
“So I’m not worried about markets,” she said. “Last time, if we put a good tax policy in the area, flexibility and safety policy, markets will do great.”
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After recognizing a bigger exchange for the upgrading church, all the US benches receive strong rains on Friday, and DOW Jones between 1.6%, while is & P 500 and the Nasdaq Comporta increased over 2%.
| Holiday | Security | Last | Answer | Switch% |
|---|---|---|---|---|
| The: Dji | DOW Jones Averages | 41488.19 | + 674.62 |
+ 1.65% |
| SP500 | Is & p 500 | 5638.94 | +17.42 |
+ 2.13% |
| The: Comp | Nasdaq Coombite Index | 17754.08602 | +451.07 |
+ 2.61% |
Nevertheless, on Sunday, the Dow lost 3%, while S & P 500 and Nasdaq characters collapsed over 2%.
Last weekend, Trump was asked about opportunities for recession.
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“This is the time of conversion, because what we do is too great. We bring riches back to America,” Trump Business’ Maria Bartiro “on Sunday morning.”
Fox Business Business O’halloran had an impact on this report.
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