US Treasury Secretary Bessent says the NATO alliance has never been more secure; on the way to cutting deficit to 3% of GDP by end of Trump's term; unlikely that SCOTUS will strike down the President's signature economic policies

• Rare earths are flowing, as expected.
• Must get out from China's grasp on rare-earths.

• His China counterpart has been a good interlocutor.
• China has done everything they say would do.

• US economy is very strong and growth likely accelerating.

Treasury Secretary Bessent's comments suggest a strengthening of NATO and a focus on bolstering the U.S. economy, which could bolster market confidence. The assertion of a strong U.S. economy and plans to reduce the deficit might influence investor sentiment positively, particularly in the USD and equities, while underscoring geopolitical stability that could affect commodities like energy. However, the emphasis on reducing dependency on China for rare earths signals a careful balancing act in international relations that may have longer-term implications for supply chains.