Bessent not worried about market, calls corrections healthy
The general director of the former fence Foundation Scott Best said that he was not worried about the recent bypass, which means self-lack of dollars from the stock market, as the United States seeks to transform its economic policy.
“I have been in investment business for 35 years, and I can tell you that corrections are healthy, they are normal,” Bedent said on NBC.Meet the pressA number “I’m not worried about markets. In the long run, if we put a good tax policy on the spot, predetermine and energy security, markets will be large. “
IssellerThe S & P 500 index entered the investor’s concerns last week on the reduction of tariffs, immigration and federal government on the economic consequences of the Trump administration. Losses in stock markets have deepened by an increase in growth and consumervilousA number
“We put the policy that will make the crisis of accessibility, inflation will be moderate, and when we put the sailors, I am convinced that he will bring before joining the government.
As President Donald Trump’s Tariff Policy is expanded, consumers have become more and more concerned about the political spectrum that additional responsibilities will lead to higher costs. The world tariffs are now on steel and aluminum, and there is a deadline for April 2, which is expected to be supplemented even wider.
Read more:Here is Trump Tariff Threats and Actions
Until last month, frozen inflation, any stable pickup of prices, riskes the discretionary purchases to restrict households.
In an interview, Batetent said that the American dream was not due to buying cheap goods from China. Instead, families want to allow home and see their children are doing better than they are.
“It’s loans, they are cars, it’s a real salary profit,” he said.
As questions about the construction of the US economy, federal reserve officials, which must be met this week. Fed Chair Jerome Powell:stressedAt the beginning of this month, the Central Bank should not rush to cut the rates, but he will most likely put pressure on uncertainty and risks.
This story was originally shown Fortune.com
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