#BREAKING NEWS
š„U.S. Treasury Secretary Scott Bessent just made major remarks about the financial system, and the markets are LOVING itā
Key Takeaways:
Bessent says if China can rebalance its economy, so can the U.S., especially with consumer-focused monetary policies.
He believes U.S. growth could exceed the IMF's 1.8% projection if Trump's economic measures are implemented.
Hints at a potential U.S.-China agreementāa major shift toward global cooperation.
Emphasizes that "America First" doesn't mean "America Alone", signaling a collaborative trade approach.
Notes that China may need a push to shift away from over-reliance on exports, focusing more on domestic demand.
Impact:
Markets are reacting stronglyāS&P 500 jumps 3.3%, and Bitcoin is rising on renewed optimism.
The narrative is shifting. A new era of economic policy may be beginning.
#MarketMomentum #GlobalTradeShift #BinanceAlphaAlert #BTCvsMarkets