What Meet Kevin said in this video:
- Earningsneutralshort-termThe host notes Bessent's interview landed right during Microsoft and Google earnings, calling the timing as bad as it gets.Source
- Fed Policyneutralshort-termThe host finds Bessent and Warsh coordinated and thinks it strange for a Fed figure to openly float a scenario where inflation plummets fast.Source
- Oil & Energyneutralmid-termThe host relays Bessent's point linking the 10-year yield to oil prices and arguing against slowing growth just to fight an energy shock.Source
- Geopoliticsneutralmid-termThe host relays Bessent's claim that the Iran blockade is working and Iran's economy could contract as much as 25% year-over-year, worse than Russia's post-Soviet contraction.Source
- Inflationneutralmid-termThe host is skeptical of Bessent reviving the word 'transitory' for inflation, saying it takes either big nerve or implies a deal is coming.Source