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Real Vision: Finance & Investing

Trump's Potential Treasury Secretary on Macro Strategy ft. Scott Bessent

Real Vision: Finance & Investing

Real Vision

Business, Business News, News, Investing

4.21K Ratings

🗓️ 14 November 2024

⏱️ 69 minutes

🧾️ Download transcript

Summary

👉 Ever wanted to explore the world of online trading but haven’t dared try? The futures market is more active now than ever and Plus500 Futures is the perfect place to start. Visit us.plus500.com to learn more. 👉 Get Raoul's free PDF report here: https://rvtv.io/3YOZZUe Please enjoy this interview for becoming the lead candidate of for the secretary of Treasury for the Trump administration, Scott Bessent. Founder of Key Square and a pivotal figure in George Soros' team during the 1990s, joins us to share his insights on the macroeconomic landscape. With a track record of success, including steering Soros Fund Management to $1 billion after short-selling the UK sterling pound before "Black Wednesday," Scott delves into his perspectives on the broader economy. He discusses the challenges facing the Federal Reserve, analyzes the trajectory of the Japanese Yen, and sheds light on his observations in the ever-evolving crypto market. Recording on April 30th, 2024. 📣 This episode comes to you thanks to Plus500. Plus500 gives you access to a wide range of instruments—S&P500, NASDAQ, Bitcoin, Gas, and much more!  Explore equity indices, energy, metals, forex, crypto, and beyond. With a simple and intuitive platform, you can trade from anywhere—right from your phone. Deposit with a minimum of $100 and experience the fast, accessible futures trading you’ve been waiting for. See a trading opportunity? You’ll be able to trade it in just two clicks once your account is open. Not sure if you’re ready? Not a problem. Plus500 gives you an unlimited, risk-free demo account with charts and analytic tools for you to practice on. With over 20 years of experience - Plus500 is your gateway to the markets. Visit us.plus500.com to learn more. Trading in Futures involves the risk of loss and is not suitable for everyone. Not all applicants will qualify 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com About Real Vision™: We arm you with the knowledge, the tools, and the network to succeed in your financial journey. Elevate your brand with Real Vision. Connect with us at [email protected] to explore advertising possibilities. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3Y4t5Pw Connect with Real Vision™ Online: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Web: 🔥 https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hi everyone, I'm Rao, the CEO and co-founder of Real Vision.

0:03.2

Here at Real Vision, we're committed to give you the best knowledge, tools and network

0:07.5

to help you succeed in your financial future.

0:10.6

If you're enjoying this podcast, please take a moment to give it a five-star racing.

0:14.5

It truly helps us continue to bring top-tier content.

0:17.9

Thank you so much.

0:28.2

Thank you so much. Scott, welcome to Real Vision.

0:30.6

Thanks for having me, Ash.

0:32.4

I have to tell you, we're so excited to have you with us today.

0:35.5

I got a message from our CEO and co-founder, Rao Powell, this Powell this morning saying, oh my God, how did you manage to book Scott? He is a true

0:42.5

legend in the hedge fund space, words I know that he doesn't use lightly. This conversation,

0:47.4

we're just excited to have it with you. We're going to talk about markets, of course,

0:50.8

everything that's happening on the macro front. But first, we also want to talk about

0:54.5

your career and all the wisdom you've gained over your decades as an investor. You've had a

0:59.5

storied career in the space. Tell us a little bit about how you got started. What first

1:03.8

interested you in markets? Sure. So I don't know if it's wisdom. I think a lot of it is

1:09.9

probably scars and some unfortunate muscle memory.

1:14.4

I tell my team, we try to not to make the same mistakes, but we will always make new mistakes.

1:22.2

Yes, so I was fortunate enough to identify and get into the hedge fund business, really in its infancy.

1:33.7

I got to Yale.

1:35.7

I was very interested in both writing and computer science.

1:40.6

And I did a summer internship with George Soros' original partner, Jim Rogers, and it occurred

...

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