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"Everything Has Been Alarmist": Bessent Shuts Down CBS Over Inflation, Says US Will 'Never Default' On Debt
"Everything Has Been Alarmist": Bessent Shuts Down CBS Over Inflation, Says US Will 'Never Default' On Debt For months, all we've heard from mainstream economic pundits is that Trump's tariff scheme would lead to absolute chaos; ports would be shut down, inflation would cripple the US economy, and markets would crater. The response was an April rollercoaster in stocks that ended the month higher, while the most recent inflation metrics had core PCE (personal consumption expenditu
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