U.S. Treasury Secretary Scott Bessent spoke with Fox News on Sunday.
rare earths deal with China will “hopefully” be done by Thanksgivingconfident China will honor agreements on rare earths
Is this the best he can do? Hoping and expressing confidence.
We all know it’s a clown show right now. The hope for investors is some sort of Fed put if it all falls apart. Right now a December 10 Federal Open Market Committee (FOMC) rate cut looks in doubt:
four voting Fed officials (Collins, Musalem, Goolsbee and Schmid — who dissented against the October cut) are now openly signalling they are not looking for another reduction in December
This article was written by Eamonn Sheridan at investinglive.com.