Treasury Secretary Scott Bessent, the stock market crashes in short-term response and ‘Everything works very smoothly,’ he says

• After the worst trafficking in Wall Street Since the first days of the Covid-19 pandemology, the Treasury Secretary Scott Bessent was amazed by the ability to manage the market, and the Wall Street, the Tariff policy will suddenly be discharged from the economy, the President Donald Trump’s evaluation date, he said.

Treasury Secretary Scott Bessent said that the ability to manage market landslides, a high-term reaction to a high-term reaction, he said.

One Interview of NBC Reach the press Broadcast on Sunday, he gave There is no sign to the President Donald Trump It has said that it should be the aggressive tariffs and the recession.

Despite the wall street, a decline is likely to be larger JPMORGAN WARNING TARIFS will cause GDP to shrink this year.

“The Treasury Secretary, the Secretary of the Treasury, for this, because this is very much affected, we have a lot of record volumes on Friday.

Friday, Dow Jones Industry has increased by 5.5% by loss of average, 2.231 pointsS & P has sunk 500, 6%, and the NASDAQ crashed 5.8%, putting more than 20% of the technological-heavy index in the monthly market area.

This followed by similar market massacres on Thursday. The two sessions deleted $ 6 trillion in the market cover and celebrated the worst self since the first days of the Covid-19 pandemology in 2020.

Bessent said, “We are receiving this short-term market reaction from time to time,” Wall Street pointed out to the initial stock decline after won the 2016 elections, evaluated the Trump’s consistent assessment.

“And he became more than a century colleague, perhaps the country’s history will be the president in the history of the country. We went to the high level of inflation in the next four years.”

When he asked what would he say to the Americans who plan to retire and just planned their portfolios, wanted as a “false narrative.”

“I think they don’t look at the daily fluctuations of what happened,” Bessent said. “And you know that the majority of Americans do not have everything in the market.”

For those with 401 (k), 60% of the owners, 60% of the owners and 40% in the bonds, this, this, this, this, this, this, it explained that this will be less than 5% or 6% of this 60/40 account.

“If you look at the day, week-week, it is very risky. There is a good investment for a long time,” he said.

For decades for decades for decades to retire, experts are to breathe and take a breath and Leave 401 (k) alone.

This story was first displayed Fortune.com

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