It was all about the headlines today as traders had to digest news across multiple sectors, but no headline was bigger than President Trumps appointment of Scott Bessent as Treasury Secretary. The pick was lauded by Wall Street given Bessent deep ties and success in the financial industry. More importantly, his view that the US deficit has reached unmanageable levels and the need to control government spending to reduce that deficit resonates with many investors. He may also be able to take a m…
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.