US Treasury Secretary Scott Bessent spoke in an interview on Sudnay:
US Treasury Secretary Bessent welcomes lower stockmarket - says straight up is not healthyHe also made an effort to massage public opinion into accepting a coming recession:
Bessent is a political appointee. As such, Treasury Secretaries usually spend their time talking up the economy. The switch in tone from Bessent is something to pay attention to - a recession and lower stockmarket would seem to be what he is trying to prepare the public for.
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Goldman Sachs have cut their oil price forecasts on the slowdown they see ahead:
cuts its December 2025 Brent crude price forecast by USD 5 to USD 71/bbl sees WTI at USD 67/bbl This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about us treasury secretary bessent paves the way for a recession can t guarantee no recession was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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