Staff Reports
In another exciting revelation, Scott Bessent, the big-shot CEO of Key Square Capital Management LLC, recently spilled the beans to Breitbart News Saturday about the stock market’s thrilling future. According to Bessent, investors are firing up their engines and revving their financial horsepower because they all know deep down that the one and only Donald J. Trump is going to steamroll President Joe Biden in the next presidential election.
Exclusive: Billionaire Investor Scott Bessent Explains the Phenomenon of the ‘Trump Rally’ https://t.co/jWl869WP5Z
— villagealchemist (@AnneJor00635096) February 4, 2024
Bessent even went so far as to craft an 18-page memo that went viral among investors, outlining how Trump’s impending victory will set the stock market on a winning streak. He rolled out the red carpet of facts and figures, explaining in great detail how the market is experiencing a “Trump rally,” firing on all cylinders thanks to two key factors.
The first factor Bessent pointed out is that investors are locking onto November 5 like a heat-seeking missile. When Trump pulls ahead in the polls, investors start dreaming of a return to the good ol’ days of his presidency, with low taxes, a reboot of the Trump tax cuts, and less government regulation. Bessent even predicted that under Trump, the U.S. could achieve energy independence and kiss the risk of foreign wars goodbye. And guess what? Even the bigwigs at the Federal Reserve and Treasury are keeping their eyes glued to these polls.
Bessent also revealed that the Federal Reserve is doing the ol’ razzle-dazzle with the stock market, juggling the numbers to make it look like they’re doing better than they actually are. Wouldn’t you know it, they’ve even got some “implicit bias” going on, cozying up to the Treasury and playing fast and loose with financial conditions. It’s like something straight out of a carnival sideshow!
So, according to Bessent, all signs point to a stock market nirvana, where investors can dream of a bright, Trump-filled future, while Treasury Secretary Janet Yellen becomes more and more frenzied as November 5 creeps closer. And what’s the cherry on top? Bessent’s crystal ball shows a Trump victory that will send the market skyrocketing right up to January 2025. It’s a Wall Street fairytale with a MAGA twist, and investors are eating it up like chocolate cake at a birthday party.
