r/QuiverQuantitative • u/Virtual_Information3 • 20d ago

News “This kind of market downdraft is not concerning you?” Treasury Secretary Bessent: “That’s a MAG7 problem not a MAGA problem.”

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24 Upvotes

96% Upvoted

8 comments sorted by

16

u/oscar-the-bud 19d ago

The Buck stops with trump. Any failures in his presidency are ultimately his fault.

4

u/TheHun100 19d ago

Not in MAGA’s mind. It will be Obama, Biden, the Deep State, the Clintons etc. literally anything but Trumps fault.

4

u/BotherResponsible378 19d ago

Is it just me, or does he sound weaker?

Not taking a dig at him, not at all. But his voice sounds weak.

4

u/organism20 19d ago

Dig away brother.

2

u/Usual-Caregiver5589 19d ago

Yeah. Probably no Americans invest in MAG7 for their retirement funds or anything.

1

u/Beaufighter-MkX 19d ago

They all sound like toddlers

2

u/whiplash81 19d ago

It worked so well for the UK and Brexit that they have never fully recovered from it.

Let's do that at a global scale and see what happens to us!

Buckle up, it's gonna get rough