Treasury Secretary Scott Bessent: Once I have a look at a number of the issues which are being revealed, there was a narrative 10 days in the past that mentioned, That is the worst April for the inventory market because the Nice Despair. Ten days later, the Nasdaq is now up within the month of April, and I haven’t seen a narrative that claims, Oh, inventory market has largest bounce again ever.
Martha Raddatz: It definitely has gone backwards and forwards.
Scott Bessent: I feel loads of that is media-driven.
In fact, Secretary Bessent is right. The NASDAQ was at 19,278 on Might 31, 2025. On Friday the NASDAQ was at 19,432 on April 25, 2025. The NASDAQ is greater than it was on the finish of Might DESPITE President Trump’s tariffs coverage.
That’s fairly exceptional.
However as an alternative of admitting her grievous mistake, Raddatz brushed it off because the markets going “backwards and forwards.” That isn’t right. The market has carried out remarkably this month and EVERYONE within the faux information has egg on their face as soon as once more. As an alternative of apologizing Raddatz lies once more to the American public.
You actually can’t hate this faux information media sufficient!
Through Fast Response 47:
.@SecScottBessent: “There was a narrative ten days in the past that mentioned that is the worst April for the inventory market because the Nice Despair. Ten days later, the Nasdaq is now up on the month of April, and I haven’t seen a narrative that claims ‘inventory market has largest bounce again ever.’” pic.twitter.com/gbU68ocKV8
— Fast Response 47 (@RapidResponse47) April 27, 2025
