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Stocks Hit Record High; Bessent: Rates Should Be 1.5-1.75% Lower | Daybreak Europe 8/14/2025
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August 14, 2025
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46:57Now PlayingScott Bessent feeds the rally, as Treasuries gain and US stocks close at another record high. The Treasury Secretary tells Bloomberg interest rates should be up to 175 basis points lower. Donald Trump warns of "very severe consequences" if Russia's Vladimir Putin doesn't agree to a ceasefire at tomorrow's summit. And Bloomberg learns Apple is planning to introduce an ambitious slate of new AI devices... including robots, a lifelike Siri and home-security cameras.
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