Reminds me of this...Blackvegetable » Today, 8:04 am » wrote: ↑ “I got sick of hearing about this K-shaped economy,” Mr. Bessent said on CNBC on Tuesday. “I can say here definitively, the K-shaped economy is over.”
The Treasury secretary said that the economy is now no longer K-shaped but is forming the letter “C” — with wage gains among the bottom quarter of earners starting to outpace gains among the top fourth of earners. Dismissing downbeat consumer sentiment as a function of misinformation about the economy, Mr. Bessent said that Americans would soon start experiencing relief as a result of the tax cuts that Republicans enacted last year, a message he and other administration officials have been delivering for months.
https://www.nytimes.com/2026/08/05/busi ... e-gap.html
I guess that answers this question....
viewtopic.php?f=3&t=66125
https://youtu.be/drnBMAEA3AM?feature=shared
https://www.cnbc.com/2025/04/09/treasur ... cades.html
He made those statements at the tariff flash crash bottom...obviously the Orange Conman was only interested in "Main Street" and not a liquidity sweep at the 2021 highs in SPX...
(Funny story, I started buying puts aggressively in March 2025, and I sold 80% of them on April 6, 7 and 8. I had another 20% remaining that got decimated on April 9 with the fake scam "tariff pause" 10% spike but that's a small price)