2 Question Tuesday – 11/26/2024 – Scott Bessent Was Nominated As Treasury Secretary; How Will This Affect The Market And Economy? What Happens If Countries Retaliate And Impose Tariffs On U.S. Goods?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Scott Bessent was nominated as Treasury Secretary; how will this affect the market and economy?
- What happens if countries retaliate and impose tariffs on U.S. goods?
Phil, Mike, and Larry talk about Donald Trump’s choice of Scott Bessent for Treasury Secretary, and what this will mean for the market and the economy. They then discuss what will happen to the economy if the countries we impose tariffs on decide to impose tariffs on American goods and exports.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.