Scott Besson
👤 SpeakerAppearances Over Time
Podcast Appearances
I'm not happy with what's going on in the market today. He went on Tucker Carlson's show. But the top 10 percent of Americans own 88 percent of the stock market. The next 40 percent owns 12 percent of the stock market. The bottom 50 has debt. They have credit card bills. They rent their homes. They have auto loans. And we've got to give them some relief.
I'm not happy with what's going on in the market today. He went on Tucker Carlson's show. But the top 10 percent of Americans own 88 percent of the stock market. The next 40 percent owns 12 percent of the stock market. The bottom 50 has debt. They have credit card bills. They rent their homes. They have auto loans. And we've got to give them some relief.
We have President Trump's previous term when everyone said none of this was going to work. Oh, the China tariffs are going to do this. They're going to cause inflation. They didn't. This is going to happen to working class. It's going to be bad for working class Americans. Well, guess what? Working class Americans that... Hourly workers did better than supervisory workers.
We have President Trump's previous term when everyone said none of this was going to work. Oh, the China tariffs are going to do this. They're going to cause inflation. They didn't. This is going to happen to working class. It's going to be bad for working class Americans. Well, guess what? Working class Americans that... Hourly workers did better than supervisory workers.
We have President Trump's previous term when everyone said none of this was going to work. Oh, the China tariffs are going to do this. They're going to cause inflation. They didn't. This is going to happen to working class. It's going to be bad for working class Americans. Well, guess what? Working class Americans that... Hourly workers did better than supervisory workers.
The bottom 50% of households, their net worth increased faster than the top 10% of households. And I'm not happy with what's going on in the market today, but the distribution of equities across households, the top 10% of Americans own 88% of equities. 88% of the stock market. The next 40% owns 12% of the stock market. The bottom 50 has debt.
The bottom 50% of households, their net worth increased faster than the top 10% of households. And I'm not happy with what's going on in the market today, but the distribution of equities across households, the top 10% of Americans own 88% of equities. 88% of the stock market. The next 40% owns 12% of the stock market. The bottom 50 has debt.
The bottom 50% of households, their net worth increased faster than the top 10% of households. And I'm not happy with what's going on in the market today, but the distribution of equities across households, the top 10% of Americans own 88% of equities. 88% of the stock market. The next 40% owns 12% of the stock market. The bottom 50 has debt.
They have credit card bills, they rent their homes, they have auto loans, and we've got to give them some relief.
They have credit card bills, they rent their homes, they have auto loans, and we've got to give them some relief.
They have credit card bills, they rent their homes, they have auto loans, and we've got to give them some relief.
Well, I think that's going to be a decision for President Trump. But I can tell you that as only he can do at this moment, he's created maximum leverage for himself. And more than 50 countries have approached the administration about lowering their non-tariff trade barriers, lowering their tariffs. stopping currency manipulation. And they've been bad actors for a long time.
Well, I think that's going to be a decision for President Trump. But I can tell you that as only he can do at this moment, he's created maximum leverage for himself. And more than 50 countries have approached the administration about lowering their non-tariff trade barriers, lowering their tariffs. stopping currency manipulation. And they've been bad actors for a long time.
Well, I think that's going to be a decision for President Trump. But I can tell you that as only he can do at this moment, he's created maximum leverage for himself. And more than 50 countries have approached the administration about lowering their non-tariff trade barriers, lowering their tariffs. stopping currency manipulation. And they've been bad actors for a long time.
And it's not the kind of thing you can negotiate away in days or weeks.
And it's not the kind of thing you can negotiate away in days or weeks.
And it's not the kind of thing you can negotiate away in days or weeks.
This is an adjustment process. What we saw with President Reagan when he brought down the great inflation and we got past the Carter malaise, that there was some choppiness at that time. But he held the course and we're going to hold the course. And this has been years in the building, years in the making.
This is an adjustment process. What we saw with President Reagan when he brought down the great inflation and we got past the Carter malaise, that there was some choppiness at that time. But he held the course and we're going to hold the course. And this has been years in the building, years in the making.
This is an adjustment process. What we saw with President Reagan when he brought down the great inflation and we got past the Carter malaise, that there was some choppiness at that time. But he held the course and we're going to hold the course. And this has been years in the building, years in the making.