Scott Bessent’s intervention to prop up the US market did not soothe investors, according to the newsletter. It also notes that a loan to Guggenheim Partners has fallen into distressed territory and that North Korea fired a barrage of ballistic missiles.
WHO:Investors
WHAT:Investors were not soothed by Scott Bessent’s intervention to prop up the US market.
WHEN:Reported Aug 19, 2026 at 8:00 PM ET
WHERE:USA
WHY:Cause not yet established.
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