Bessent Steps In with Rare Bond Buyback, Walmart Sinks On Weak Sales Growth
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Market update for August 20, 2026
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In today’s episode, Zaid covers:
Why Treasury Secretary Scott Bessent is stepping in to push long-term Treasury yields lower
What the Treasury’s bond buyback strategy means for stocks, mortgages, and borrowing costs
Walmart earnings after the retailer posted its slowest U.S. sales growth in more than six years
Why Bitcoin, Ethereum, Coinbase, and other crypto names are rallying
Alibaba’s 75% profit plunge as AI spending surges
How billions of dollars in tariff refunds are boosting corporate earnings
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