The Setup: Bessent Says Something… Vaguely Positive At 11:58 a.m. ET, a Bloomberg headline dropped like a sugar cube into the mouths of Wall Street addicts: “Bessent Sees De-escalation with China, Situation Unsustainable.” Stocks soared. Algorithms roared. Retail sheep piled in. The market ripped 3% higher in minutes, reversing all of Monday’s doom. Traders were back in “risk-on” mode, licking their wounds and pretending this was the beginning of a new bull run. But wait—don’t uncork the champagne just yet… The Reality: He Also Said It’s a Slog and Basically an Embargo Just as fast as hope went vertical, Politico poured ice water on the euphoria: “It may take months to hammer out the final deals.” Even worse? Bessent’s full…
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