Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver  Invest in Silver Now  arrow small top right
close
register icon

Bessent Dismisses CEO Recession Fears: ‘Focus on Main Street, Not Wall Street’

Treasury Secretary Scott Bessent is urging top CEOs to stop worrying about tariffs, promising clarity within 90 days on trade policy, taxes, and deregulation. This reassurance comes as major business leaders express recession concerns, with JPMorgan’s Jamie Dimon predicting a downturn and Goldman Sachs’ David Solomon noting increased recession risks. Even Bessent’s former mentor Stanley Druckenmiller has criticized tariffs exceeding 10%.

Consumer-facing companies are already feeling the impact, with Constellation Brands reporting decreased spending on restaurants and consumer goods affecting their beer sales. Bessent has dismissed these Wall Street concerns, emphasizing the administration’s focus on Main Street over Wall Street. Meanwhile, the Trump administration has paused reciprocal tariffs for 90 days with all trading partners except China, which now faces 145% tariffs.

Latest News

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.