Treasury secretary sends strong message on recession risk
Scott Bessent had blunt words on tariffs and the economy.
The big "R" has become a major focus among stock market participants this month—and for good reason. We've seen a slate of concerning economic data on inflation and jobs, and uncertainty over tariffs hasn't helped combat recession fear.
As a result, investors, not known for their patience, have hit the reset button, selling stocks that had rallied significantly over the past two years while they digest the barrage of news.
