Finance Minister Scott Bavert said on Sunday that he was not going through the US markets in the long run, although the stock fallen last week amid the president Donald Trump’s tariff threatsSaying the Americans that there will be a “transition” rather than a “crisis”.
The infant spoke during the appearance on “Get to know the press” NBC Invested in markets must be concerned.
“We have this large government deficit, 6.7% of GDP,” the infant said. “We have never seen it when we are not in wartime but not to recession. We reduce them in a responsible way. We will have a transition. And we will not have a crisis.”
The infamous said the amendments to the stock market “healthy” and “normal”.
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The secretary of the Treasury Scott Biantont said on Sunday that it “did not worry” about the US markets for the long run when the Trump administration seeks to “move” the wealth back to America. (Victor J. Blue / Bloomberg via / Getty Images)
“What is not healthy is simple, that is, euphoric markets,” he said. “That’s how you get the financial crisis.”
The indiscre noted that if “someone put the brakes in 06-’07,” it could interfere with the problems leading to the 2008 catastrophe.
“That’s why I’m not worried about the markets,” he said. “In the long run, if we put a good tax policy, de -deregulation and energy security, the markets will be great.”
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Seeing the major overcrowding earlier the week over the growth of trading tensions, all three major US benchmarks gained firm income on Friday, and Dow Jones Industrial is 1.6%on average, While S&P 500 And NASDAQ has grown more than 2%.
| Ticket | Safety | Last | Variation | Change % |
|---|---|---|---|---|
| I: DJI | Dow Jones on average | 4148.19 | +674,62 |
+1.65% |
| SP500 | S&P 500 | 5638,94 | +117,42 |
+2.13% |
| I: a computer | The composite index of NASDAQ | 17754.08602 | +451.07 |
+2.61% |
However, Dow lost 3%during the week, while the S&P 500 and NASDAQ Composite fell by 2%.
Last weekend Trump asked about the potential of the recession.
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“This is a transition period because what we do is very big. We return wealth to America”, Trump said Fox Business: “Maria Bartiram On Sunday morning futures.
Susanna O’Hhalaran Fox Business Digital introduced this report.
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2025-03-16 17:48:00
