Scott Besson
👤 PersonAppearances Over Time
Podcast Appearances
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.
A lot of our trading partners, including some of our allies, have not been good partners. If tariffs are so bad, why do they have them?
A lot of our trading partners, including some of our allies, have not been good partners. If tariffs are so bad, why do they have them?
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
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
It's almost like the bodybuilders taking steroids. Outside looks great. You're muscular. Inside, you're killing your vital organs. That's what was going on here. But it would have been easy to keep pumping up the economy, borrowing a lot of money, creating a lot of government jobs. There was no controversy when we're doing all that. But you were going to end up in a calamity.