Forget about looking for a “Trump Put.” There’s a much more reliable market ally in the White House. Last week, we experienced another volatile “Bessent Bounce.” Perhaps this one has the potential to be the confirmation of a reversal in bearish sentiment big enough to create at least an intermediate-term bottom in the U.S. equity markets. However, as we covered in last week’s Market Outlook, the U.S. faces crisis-like conditions in the bond market, currency
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