Scott Bessent says if countries don’t retaliate the latest trade tariffs are the ceiling, and negotiations could bring them down ’
I would advise none of the countries to panic. I wouldn’t try to retaliate because as long as you don’t retaliate, this is the high end of the number. And I think the market could have certainty that this is the number barring retaliation (min: 00:20)
Countries have all reached out, but it’s going to be up to President Trump to see what he wants to do. I think the mindset might be to let things settle for a while there (min 00:40)
Detox periods is not about tariffs, is about the unstainable level of fiscal deficits, which must stop (min: 3:00)
Nasdap peaked on deepseek news, this is a mag7 problem not a MAGA problem (min: 04:00)
Spending cuts will allow for potentially more tax cuts (min: 6:00)
Tax cuts will increase consumer sentiment, and despite sentiment being low today, consumers are not taking action (min: 09:00)
