The Bessent ‘Safe Hands’ Bonanza
Tuesday 26th November 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets have reversed their position a little for the first time since the US election results. NAB’s Rodrigo Catril says it reflects the response to Scott Benson as the likely new Treasury head, who is seen as a more moderate, safe pair of hands, who won’t impose blanket tariffs. That news has strengthened the Euro and helped the share price of US mid-caps who might have seen input prices rise if such a radical policy was imposed quickly. The day’s other positive news was the…
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