Is anyone else as offended as I am by this clown of a Treasury Secretary taking the position that you can’t anticipate whether markets will go up or down, when he’s being asked a question about his imposition of the most devastating tariffs in the history of the modern world? #bessent
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How could this guy accumulate $500m in wealth?
Was he good at stacking shelves and then became store and regional manager - or did he go to an elite school and have a network of friends who shared timely market knowledge?
Am I stupid? Are you stupid? Are we stupid? Are they stupid?
In 1992, Bessent was a leading member of the team whose bet on the Black Wednesday collapse of the British pound garnered over $1 billion for the firm.
His bet against the Japanese yen in 2013 brought additional profit.[18][19]
Obviously just the right man for dumbPf and Treasury Sec.