Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’

Arrongance at Treasury. What could possibly go wrong

The ancient Greeks had a word for this. Two syllables. Second syllable = ritual for Jewish baby boys. 🎁 🔗 www.bloomberg.com/news/article...

Grandiose delusion: unfounded belief that one has special powers, wealth, mission, or identity.

lmao we are so cooked, y'all.

Looks to be a quote for the ages. “I am the house now...you can bet against me if you want.” Treasury Secretary Scott Bessent

This is particularly funny because he tried this with the treasury market way back in one week ago and failed. www.bloomberg.com/news/article...

'“I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,” Bessent said. “And you can bet against me if you want.”' www.bloomberg.com/news/article...

"Io sono il banco, ho informazioni asimmetriche, non osate dubitare di quello che dico". Bessent in overdose di testosterone. La BoJ seguirà, accelerando i rialzi? In quel caso, occhio al carry trade Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’ www.bloomberg.com/news/article...

Reminder: bessent is a joke on wall street

Oh das wird lustig www.bloomberg.com/news/article...

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“I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do,” Us Treasury Secretary Scott Bessent said. “And you can bet against me if you want.”

Trump's megalomania contagious, or just inherent in his hires? www.bloomberg.com/news/article...

www.bloomberg.com/news/article...

Scotty B. double dog dares you all! He'$in charge now...

www.bloomberg.com/news/article...

The market dwarfs the size of Treasury’s capacity for intervention. This is obviously bluster for the boss who wants rates lower while mashing the higher rate button. www.bloomberg.com/news/article...

and thats why, for the first time in history, the House will lose www.bloomberg.com/news/article...

Bessent Dares Traders to Bet Against Yen: 'I Am the House Now' (Bloomberg) Main Link | memeorandum Permalink

is that good www.bloomberg.com/news/article...

Bessent Dares Traders to Bet Against Yen: ‘I Am the House Now’ www.bloomberg.com/news/article...

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Yeah, that’s the way to inspire market confidence. 🤦‍♂️ www.bloomberg.com/news/article...