Bessent, China vice premier U.S. tariffs

Bessent, China vice premier U.S. tariffs

US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese…

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Jim Cramer sees brewing risk to stock market that is not US-China tensions

Jim Cramer sees brewing risk to stock market that is not US-China tensions

Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….

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