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Started By
Message
Bessent sees de-escalation coming with China, situation is unsustainable
Posted on 4/22/25 at 11:06 am
Posted on 4/22/25 at 11:06 am
quote:
US Treasury Secretary Scott Bessent made significant comments about the ongoing tariff tensions with China at a closed-door investor summit on Tuesday in Washington.
According to Bloomberg, Bessent told attendees that the standoff with China -- which he said was essentially an embargo -- is unsustainable and that he expects it to de-escalate.
He said that while formal negotiations haven't commenced, a deal remains possible.
Risk assets have rallied on this, with the S&P 500 rallying 35 points to a session high. It must be nice to be part of the club.
LINK
anddd with that, the markets have blown wide oepn
This post was edited on 4/22/25 at 11:07 am
6
Posted on 4/22/25 at 11:09 am to The Egg
So Trumps not crashing the economy?
I also dont trsut anything that a "source" from bloomberg says
I also dont trsut anything that a "source" from bloomberg says
Posted on 4/22/25 at 11:11 am to SDVTiger
well it begs the question of what kind of de-escalation are we talking about here, and who is conceding to who/bending the knee
Posted on 4/22/25 at 11:11 am to The Egg
BBC on Sirius is openly pulling for China to save Europe and help them keep their markets protected from US exports and our market open to them.
“Can we just keep agreeing to talk and getting some reprieve for at least a year or more than hope the political reality in the US changes?”
“How do we stop the US from breaking China? From forcing us to choose them over China?”
Just listened now.
“Can we just keep agreeing to talk and getting some reprieve for at least a year or more than hope the political reality in the US changes?”
“How do we stop the US from breaking China? From forcing us to choose them over China?”
Just listened now.
Posted on 4/22/25 at 11:13 am to LuckyTiger
Europe's in an untenable position, and they absolutely know that
and everyone else does too
and everyone else does too
Posted on 4/22/25 at 11:15 am to SDVTiger
quote:
SDVCuck
Since Trump was inaugurated:
DOW down 12.3%
S&P down 10.1%
Never change SDVCuck.
Posted on 4/22/25 at 11:16 am to The Egg
quote:
well it begs the question of what kind of de-escalation are we talking about here, and who is conceding to who/bending the knee
I am sure Bessent would rush out to tell them we are planning to give up
Posted on 4/22/25 at 11:18 am to The Egg
quote:
He said that while formal negotiations haven't commenced, a deal remains possible.
So basically he didn't say shite.
Posted on 4/22/25 at 11:21 am to The Egg
quote:
Europe's in an untenable position, and they absolutely know that and everyone else does too
I listen to and read European media everyday.
There has been a marked change over the past few weeks, a notable movement.
They are scared to death.
Posted on 4/22/25 at 11:22 am to ronricks
quote:
ronricks
Supports transitioning little kids. Your parents must be proud.
Posted on 4/22/25 at 11:24 am to The Egg
Huh? I thought we were isolating China and destroying their economy.
Posted on 4/22/25 at 11:24 am to RohanGonzales
quote:
I am sure Bessent would rush out to tell them we are planning to give up
Apparently this was leaked from a closed door meeting. Bessent didn’t say it to public.
However, I’m sure he knew that his words might be leaked.
In fact, he was probably counting on it.
The question, to what end?
Posted on 4/22/25 at 11:25 am to SDVTiger
quote:
So Trumps not crashing the economy?
He will cave. Just like Ive been telling you
Posted on 4/22/25 at 11:25 am to PorkSammich
You’ll bitch regardless
Posted on 4/22/25 at 11:25 am to The Egg
quote:
Risk assets have rallied on this, with the S&P 500 rallying 35 points to a session high. It must be nice to be part of the club.
Posted on 4/22/25 at 11:32 am to jbdawgs03
quote:
Supports transitioning little kids. Your parents must be proud.
Because I posted the actual Market Statistics under Trump?
You are as thin skinned as Trump is.
Posted on 4/22/25 at 12:37 pm to ronricks
quote:
Since Trump was inaugurated:
DOW down 12.3%
S&P down 10.1%
Never change SDVCuck.
Since the day Joe was forced out
DOW 39,321
Today
DOW 38,788
Only thing lost was Trump gains anyway
Never change ronbois, never change
Posted on 4/22/25 at 12:41 pm to The Egg
quote:Tread carefully on this upsurge. Bissent said the timeframe to a deal with China is 2-3yrs. That tidbit is not getting much airtime yet.
anddd with that, the markets have blown wide oepn
Posted on 4/22/25 at 12:45 pm to ronricks
You spent 3yrs crying and calling everyone an idiot who thought Orange would win again
You drive a transam with 300k miles yet we are to take you serious on the economy
Never change clown
You drive a transam with 300k miles yet we are to take you serious on the economy
Never change clown
Posted on 4/22/25 at 12:51 pm to SDVTiger
Damn, I'm bullish on Pontiac all of a sudden since there's a trans am out there that made it to 300k
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