Payne on Tariffs: These Companies Have Been Around for 100 Years, They Know How to Handle These Things

‘The CEO of Chevron says there’s no recession in the site’

RUSH EXCERPT:
PAYNE: "The financial media is  saying this is all about what  Scott Bessent said.  the market at one hundred 12,  near the high of the session,  much better story going on.  3m, Chevron, the CEO of Chevron  says there’s no recession in  the site.  these large companies we were  told at the beginning of  earnings season would not give  us any guidance are giving us  guidance.  tariffs may hurt us in this way  but they are saying we have  robust businesses, we learned  more this morning about  American exceptionalism.  it’s not just about artificial  intelligence or computer chips  but companies that have been  around 100 years.  they know how to handle these  things and to make it through  again.  that’s what we are reminded of  and that’s the part of the  story that will be completely  wiped out as people read about  the market tonight or tomorrow  morning."

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