Nuveen Cio Saira Malik evaluates the state of American markets and shares its economic view of the “barron round table”.
Finance Minister Scott Bessnt on Sunday said he would not care for US markets in the long run, although last week shares in the middle of the president Donald Trump's tariff threatsHe tells the Americans that there will be a “transition”, not a “crisis”.
Bessnt made notes during the performance at “Meet the Press” NBC and said “One week does not mean a market” invested in the markets It should concern.
“We have these great government deficits, 6.7% of GDP,” Bessnt said. “We have never seen it when we are not during the war, not in a recession. This is a responsible way. We will have a crossing. And we will not have a crisis. ”
Bessent said the repairs of the stock market are “healthy” and “normal”.
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Finance Minister Scott Bessnt said on Sunday that he is not “afraid” of the US markets for a long time, because Trump's administration is trying to “cross” wealth back to America. (Victor J. Blue / Bloomberg Via / Getty Images)
“What is not healthy is equal, that is, euphoric markets,” he said. “This is how you get a financial crisis.”
Bessnt noted that if “someone put on the brakes until 06-07,” this could prevent the problems that led to an accident in 2008.
“So I'm not worried about the markets,” he said. “In the long run, if we introduce good tax policy, deregulation and energy security, markets will be great.”
The “Barron's round table” deals with what investors should keep in mind before the blood rate.
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After seeing the main swings at the beginning of the week above the growing trade voltage, all three main American benchmarks recorded solid profits on Friday, with the industrial diameter of Dow Jones rising by 1.6%, While S & P 500 And the NASDAQ composite increased by 2%.
| Ticker | Security | Last | Conversion | Change % |
|---|---|---|---|---|
| I: DJI | DEW Jones diameters | 41488.19 | +674.62 |
+1.65% |
| SP500 | S&P 500 | 5638,94 | +117.42 |
+2.13% |
| I: Comp | NASDAQ Composite Index | 17754.08602 | +451.07 |
+2.61% |
Yet, in a week, Dow lost 3%, while S&P 500 and Nasdaq Composite dropped by 2%.
Last weekend Trump was asked for the potential of recession.
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“It is a transition period because what we do is very great. We bring wealth back to America,” Trump said Fox Business' Maria Bartiromo On “Sunday Morning Futures”.
Suzanne O'Halloran from Fox Business Digital contributed to this report.
