President Trump’s treasury secretary says there’s “nothing unusual” about recent stock market volatility. Commenting on Thursday’s market drop after Wednesday’s rally, Treasury Secretary Scott Bessent tried to project confidence about the wild swings on Wall Street. He said “the up 2, down 1 is not a bad ratio.” Bessent predicted there would be “great certainty” […]
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Treasury Secretary says market volatility “nothing unusual”
President Trump’s treasury secretary says there’s “nothing unusual” about recent stock market volatility.
Commenting on Thursday’s market drop after Wednesday’s rally, Treasury Secretary Scott Bessent tried to project confidence about the wild swings on Wall Street. He said “the up 2, down 1 is not a bad ratio.” Bessent predicted there would be “great certainty” after 90 days of negotiating trade deals and the president declared the country is in “good shape.”