US Treasury Secretary speaks out: The government is more concerned about the real economy than market fluctuations. Stocks are safe and excellent investment choices

The Zhitong Finance App learned that US Treasury Secretary Scott Bessent said on Thursday that the Trump administration is paying more attention to the long-term health of the economy and markets and will not be shaken by short-term fluctuations.

“Our focus is on the real economy. Can we create an environment conducive to the long-term growth of the market and the long-term benefits of the American people?” In an interview, Bezent said, “I'm not worried about slight market fluctuations within three weeks.”

At the time of Bezent's remarks, the market was experiencing severe shocks, and the main reason was President Trump's almost daily tariff measures against America's major trading partners — including Canada, Mexico, and China. Affected by this, the main indices of the US stock market have entered the adjustment range, and the Dow Jones Industrial Average has accumulated a cumulative decline of more than 7% over the past month.

Despite this, Bezent said that although the government is closely monitoring market trends, he is still optimistic about the long-term development of the real economy and financial markets.

“The reason stocks are a safe and excellent investment option is because investors usually focus on long-term returns. If you pay too much attention to short-term trends, the risk of stocks will increase significantly. Therefore, our focus is on medium- to long-term market performance.” He further added in the interview, “I can definitely say that if we put in place the right policies, we will lay the foundation for real income growth, employment growth, and continued growth in asset values.”

Data released by the US Bureau of Labor Statistics on the morning of the same day showed that the US wholesale inflation rate remained flat in February, far below the 0.3% increase expected by Wall Street. Just the day before, another report also showed a slight drop in the US consumer price index. To a certain extent, this data mitigates market concerns that Trump's tariff policy may increase inflation. “Maybe inflation is being brought under control, which will boost market confidence,” Bessent said.

Last week, Bezent said that the US economy showed some signs of weakness, and the economy would be disrupted during the Trump administration's period of adjusting the economic growth momentum from government spending to the private sector. He warned that the US economy would slow down and go through a “detox period” where growth depended on government spending.