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A Scott Bessent rally? Why???

Summary:
What does previously unknown Scott Bessent, Trump’s pick for Treasury, bring to the table?

Topics:
Mike Norman considers the following as important:

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What does previously unknown Scott Bessent, Trump’s pick for Treasury, bring to the table?
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

12 comments

  1. Will be interesting to see how this term for Trump goes. Trump did not cut government in his first term that I recall. If anything, he added more starting a new Space Force. Oddly he is starting this new term for making cuts by creating yet another agency DOGE. Hopefully the intent is to make things more efficient and not arbitrarily cut.

  2. Pull it!

  3. @nicholasgomez2485

    Mike, are you still happy you voted for Trump? Is this what you wanted?

    • @@nicholasgomez2485 yes, 100%. Economic policy shifts are not a concern for me because I know how to play it. However, for most people they are at the mercy of policy. And there were other reasons besides economics that I voted for Trump.

    • @@mikeydoggy What do you think of the 3-3-3 idea Bessent is promoting Mike?

  4. You look like the joker 🃏 when you smile 😂 excellent video 😊🙌🏽

  5. Mike isn’t it obvious that their goal is to cut social programs? Their problem isn’t poor understanding its malevolence towards the programs that where fought and paid for ex Social Security.

  6. He said that the number 1 reason for tariffs is to fund the treasury…

  7. @thisisyourcaptainspeaking2259

    Thank you Mike!

  8. And when they cut the deficit… guess who’s benefits they will take first?! Hint: not Elon and his charlatan billionaire friends.

  9. Mike man, why would you think Trump would do anything but benefit his own kind. He’s friggin hates the blue collars man! They are only there to be exploited by him and his sickening billionaire friends.

  10. @BobSagetSquarePants

    They're Cuttin Money!

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