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Bessent: "I Am The House"🚨Oil Is Exploding
Scott Bessent told a Dallas audience "I am the house now" and dared markets to bet against him, admitting he has asymmetric information on yen intervention. Five days after predicting $40 crude, Brent broke $100 and diesel hit a record $5.90. Plus the EPA's record ethanol mandate, and Hunter Biden's $LAPTOP flipping the Trump coin 4x on day one, exactly like we called it when the market had it priced at 14%.
~This episode is sponsored by Tangem~
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00:00 Intro
00:10 Sponsor: Tangem
00:50 Scott Bessent: I am the House now
01:40 Warning shot
02:20 Mark Cudmore: The market will eventually test him
03:30 Bessent put a target on his back
04:40 Buy backs increased
05:10 Lyn Alden: Why is Bessent intervening?