Published Date Mar 09, 2025

At a speech last Thursday to the Economic Club of New York, Treasury Secretary Scott Bessent emphasized, "Wall Street has done great, Wall Street can continue doing well, but this administration is about Main Street." This comment contradicts the notion of a "Trump Put" underlying the market, which now seems dubious, especially as Trump continues to announce tariffs only to pause them, sometimes within hours.


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By Caroline Gaudette

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