US Treasury Secretary Bessent welcomes lower stockmarket - says straight up is not healthy
He also made an effort to massage public opinion into accepting a coming recession:
“There are no guarantees,” Bessent said about the chance of a recession***
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. Read More Details
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