Investors welcomed President Trump’s selection of Scott Besent as Treasury secretary. All three major indexes (^DJI, ^IXIC, ^GSPC) finished the day higher, with the Dow closing at a new record high.
On Monday’s Market Times, Yahoo Finance Washington reporter Ben Werschkul breaks down some of the challenges Bessent will face if confirmed. Strategy Risks Founder and CEO Isaac Stone Fish also talks about the Trump administration and the potential impact of Trump’s tax cuts.
Also joining the program is Ritholtz Wealth Management chief market strategist Callie Cox, who explains why it’s a “tough time” for some portfolio managers as the year draws to a close.
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