Scott Bessent says that the stock market is not worried about ‘healthy correction

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• Treasury Secretary Scott Bessent S & P 500, last week, since 2023, he said that he had not worried about the exchange related to the first market adjustments. Bessent said, “Amendments are healthy,” he said, mostly necessary for long-term durability, seen as uncertainty of the driving market.

Treasury Secretary Scott Bessent has not worried the first exchange adjustment since 2023, and he says he is now “healthy” to prevent the crisis.

Wearing a wider market S & P 500, fell into the adjustment Last week, it fell by 10% highly determined by the beginning of this year. Technologically Half and Dow Jones fell on March 13 before all three main indices Closed on Friday.

Bessent in an interview yet NbcGet to know the ‘s’ press “ “No warranty,” he will not be a recession. He said he could not worry about the swings of the exchange market and added a decline in the long run could be positive in the long run.

“I’ve been in an investment business for 35 years and I can say that these amendments are healthy. They are normal,” he said Nbc. “It’s not healthy for you to buy this euphoric markets, this is this euphoric markets. This is a financial crisis. We would not take the brakes in ’06, ’07 ’08.”

Bessent’s Reviews, Kozamaz leadership policy for tariffs and destin effectiveness, including Mass Work and Spend CuttingRattle investor confidence. Fed, since the FOMC meeting is not possible to make a key change in the FOMC meeting, Goldman may be key to management to return the market registered by Sachs analysts.

“Management would be able to provide more relaxation or to provide more relief to support the economy, or that they have been preparing to prioritize more relaxation or prioritizing their agenda.

Trump leadership clarifies that it uses a tariff policy that sees a large 25% tariff for steel and aluminum imports that lead to mutual tariffs from countries Like Canada. Despite the falling market, trump and officials look unattended with an extended retardive prospect of officials as Bessent.

In the first month of the Trump’s office, the costs decreased, but the federal deficiency earned $ 307 billion in revenue in February. 3.7% over the year. Bessent said Nbc This would be a great cost level, a guaranteed financial crisis. Added that the latest actions of the Trump Administration need to prevent the future crisis.

“We reset and put everything on a continuous way,” he said Nbc.

Although the last market decline, analysts Fellow countryman See up to 5,690 S & P 500 500, up to 5,690, until the end of 2025, up to 5,690. In the worst case yet, the worst case to slow the inflation over 3% of GDP Stagflation period About 5,200 S & P 500 to 5,200, Trump has been elected in November to 5.200, which is elected to 5.200.

“A material movement below 5,700 without tearing from Washington signals is less concerned with radical change, regardless of the fall of the probability market,” Everore analysts wrote.

So far, Bessent marks a long-term shock in markets, and said he believed that the policies of the Trump management will win the Americans.

“I do not worry about the markets. For a long time, if we did good tax policy in place, regulation and energy security and markets,” he said. “I say it’s a week on a week.”

This story was first displayed Fortune.com

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