US Treasury Secretary Bessent says underlying US economy is very strong, core prices are stable; 3% growth is "not unreasonable" for H2

• With government stakes in firms, trying to create market signals. 

The Treasury Secretary's comments about the strength of the underlying US economy and stable core prices suggest a positive outlook for growth in the second half of the year. This aligns with market expectations and could bolster confidence in risk assets, while also affirming the case for potential monetary policy normalization if growth materializes as anticipated. Additionally, the mention of government stakes may indicate an ongoing effort to influence market sentiment amidst broader economic conditions.