‘Corrections are healthy’

 

Stock futures fall as Treasury secretary Bessent dismisses market worries

Corrections are healthy. They’re normal.

“What’s not healthy is straight-up, that is, euphoric markets,” 

“That’s how you get a financial crisis. It would have been healthier if someone had put the brakes on in ’06-’07. We wouldn’t have had the problems in ’08.

What Carmen Reinhart, senior fellow at the Peterson Institute for International Economics in Washington, and Harvard’s Kenneth Rogoff call “the second great contraction” (the Great Depression of the 1930s being the first).

https://www.internetional.se/hedgefunds.htm

MarketWatch 16 March 2025

https://www.marketwatch.com/story/corrections-are-healthy-bessent-says-dismissing-market-worries-after-a-dismal-week-ddd866b3


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