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




