Bessent: I Will Take the Market Based Indicators over the So-Called Experts All the Time

EXCERPT:

BESSENT: "Well, Laura, let’s just look at what the market is saying. The market had the fastest recovery, from a 15% decline, in history, after the bottom, shortly after liberation day. There was a complete panic by, as you said, the financial establishment. Anyone who sold then got left out. We had this tremendous rally. S&P, Dow are doing — NASDAQ are doing well on the year. And the bond market, which everyone says should panic over inflation or the tariffs, the 10-year bond had the best return that it’s had in five years. So, bond market is doing well. Stock market is doing well. You know, I will take the market-based indicators over the so-called experts all the time. That’s how I made my 35-year career, listening to the market."