Treasury Secretary Scott Bessent says Trump has individual investor confidence

Treasury Secretary Scott Bessent says Trump has individual investor confidence

Treasury Secretary Scott Bescent said Tuesday that individual investors holding their position amid recent market declines trust President Donald Trump’s trade collection. He also said individual investors were holding tightly while institutional investors panic due to tariffs.

Donald Trump has admitted that his taxation is intended to benefit the US economy in the long term. He said the cost of tariffs will promote both US and foreign companies, expand in the US, give birth to jobs for American workers and boost the US manufacturing sector.

Bescent believes individual investors have faith in President Trump

The Treasury Secretary has made it clear that individual investors, who have held their positions primarily through recent market tensions, are confident in President Donald Trump’s tariff policies.

Former hedge fund CEO Quote The Washington Post story, which uncovered Vanguard, one of the largest financial management companies in the United States, said 97% of Americans have not traded for the past 100 days.

“Individual investors are keeping them tight, but institutional investors have panic… Individual investors trust President Trump.”

-Scott Bessent, U.S. Treasury Secretary.

The president’s suspension of the highest tariffs on imports has driven the worst selling of stocks since the start of the 2020 pandemic. The S&P 500 plummeted slightly into the Bear market before recouping some of the losses.

Senior index analysts at S&P Dow Jones claimed Howard Silverblatt had few comparable swings in his 40-year career on Wall Street. He said retail investors bet on low-value stocks amid the market tensions in April caused by tariffs. Hedge funds and professional traders have built up bear bets into the market, finishing their inventory positions. Silverblatt believes institutions are worried that sudden tariffs will heavyen consumers, slow the economy, and perhaps lead to a recession.

Data showed that it was an S&P 500 It has risen sharply 9.5% on April 11th after the announcement that President Donald Trump had suspended its 90-day tariffs. There was also a tariff suspension after our Treasury Department was sold and fears of a potential recession rose, resulting in a sign of dislocation.

Apollo chief economist Torsten Slok believes the summer recession will hit the US as consumers begin to see trade-related shortages in stores coming next month. Michael Metcalf of State Street Global Market, macro strategy, claimed that the focus was on tariff news getting worse. He believes the focus is also on whether hard data and whether markets are right to worry about recession.

The dollar is pushing for US car rate relief high

The dollar rose on April 29 after Trump admitted its plans to reduce the impact of car rates following tariffs that wreaked havoc on the market in April. The US Dollar Index shows that the dollar has lost about 9% of its value since Trump took office.

The US dollar was inched against other major currencies, adding almost 0.5% to 142.66 yen. The euro fell 0.4% to $1.1377, while Sterling slipped 0.4% to $1.3386. Market sentiment was positive after the US made its clear that it would move to reduce the impact of obligations placed on foreign parts of vehicles manufactured domestically and maintain tariffs on vehicles that do not prevent them from stacking other duties overseas.

Data show that Trump’s trade collection has not only failed to cause economic growth, but also contributes to a sharp contraction in activity. Nancy Vanden Gauteng, the head of the American economist at Oxford Economics, spoke about Trump’s impact on the economy over the first 100 days, she said “We can’t imagine any precedent like this.”

A Pantheon Macroeconomics Business Survey in April revealed that the US economy is heading towards “The pace of growth is slow.” It refers to what it called “Existential Crisis” For businesses caused by Trump’s tariffs.

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