Private Sector "Unleashed?" Markets Rally Amid Strong Consumer Commentary
Schwab Network · Schwab Network
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Show Notes
Treasury Secretary Scott Bessent's words on the consumer pushed futures higher ahead of Wednesday's opening bell. He alluded to the private sector becoming "unleashed" with help from the government. Kevin Hincks talks about how Bessent's words add to a bullish case for markets. While the continuing government shutdown has kept many economic prints off the table, Kevin does go over the latest mortgage applications and Empire State manufacturing data.
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