Martin Baccardax
Treasury Secretary Scott Bessent betrayed his usual calm on Wednesday, insisting that a note from a Deutsche Bank analyst that mooted the idea of European investors using U.S. financial assets as political leverage, was little more than “fake news.”
Bessent claimed during a panel at the World Economic Forum in Davos that Deutsche Bank CEO Christian Sewing contacted him directly and told him that Europe’s biggest bank “does not stand by that analyst,” but his prickly response, alongside his dismissal of a Danish pension fund (as well as the nation itself) as “irrelevant” suggests a level of concern for the so-called Sell America trade he isn’t quite willing to admit.
No comments:
Post a Comment