Trump Expected to Tap Scott Bessent as Secretary of Treasury - KAYHAN LIFE

Contributing sentiments towards policy:

78% : ""In his first term, Steven Mnuchin served as Treasury Secretary under Trump and was a very key policy advisor.
57% : The selection of another market practitioner makes us think that Trump will be inclined to listen to market signals about potential policies.
56% : ""There was some level of anxiety priced in that Trump was going to pick someone who was not good or some kind of absolute tariff fanatic, so this is a very good answer for Wall Street.
53% : "MAC SYKES, PORTFOLIO MANAGER, GABELLI FUNDS, NEW YORK"Although there were a number of speculated candidates for the role, it appears that President elect Trump went with his top choice.
45% : "His nomination boosts our conviction in our assumptions around fiscal and trade policy-that Trump gets some, but not all that he proposed on the campaign trail.
32% : This will include the negative feedback to be expected if Trump applies across-the-board tariffs of 10-20% on all incoming goods, including 60% on Chinese goods.
29% : If Trump goes full throttle with tariffs as promised during the campaign, equities will react poorly.

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