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Filtering by entity: Scott Bessent | Clear Filter
Summary:A meeting occurred between Donald Trump, Mr. Lip-Bu Tan of Intel, and named individuals proposed to serve as Secretary of Commerce and Secretary of the Treasury. This group plans to collaborate and present policy suggestions to Donald Trump within the next week.
Sentiment:Policy-focused
Key Claims:
- Donald Trump met with Mr. Lip-Bu Tan of Intel and proposed cabinet members Howard Lutnick and Scott Bessent.
- The meeting was characterized as very interesting.
- Mr. Tan's success and rise are noted as an amazing story.
- Mr. Tan and the cabinet members will collaborate to bring policy suggestions to Donald Trump within the next week.
Potential Market Impact (S&P 500):3/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:3/10
Summary:The post details the author's refutation of a Wall Street Journal story that stated Secretary of the Treasury Scott Bessent explained the negative market impact of firing Jerome Powell. The author asserts his superior understanding of market dynamics and credits himself for the current record high market, while labeling Jerome Powell as the "Worst Federal Reserve Chairman in History." The author concludes by stating that he is the one who explains to others.
Sentiment:Vindicative
Key Claims:
- The Wall Street Journal ran an untruthful story.
- The untruthful story claimed Scott Bessent explained to the author that firing Jerome Powell would be bad for the Market.
- The author did not need this explanation because he knows better than anyone what is good for the Market and the U.S.A.
- If not for the author, the Market would not be at record highs and would have crashed.
- Jerome “Too Late” Powell is the Worst Federal Reserve Chairman in History.
- People do not explain things to the author; the author explains to them.
Potential Market Impact (S&P 500):2/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:2/10
Summary:The post announces that key US officials, including the Secretaries of Treasury and Commerce and the US Trade Representative, will meet with Chinese representatives in London on June 9, 2025, to discuss a trade deal.
Sentiment:Positive
Key Claims:
- Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative Jamieson Greer will meet Chinese representatives.
- The meeting will take place in London on Monday, June 9, 2025.
- The purpose of the meeting is to discuss the Trade Deal.
- The meeting is expected to go very well.
Potential Market Impact (S&P 500):6/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:5/10
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