Bessent on Tariffs Deficits and Embracing Trumps Economic Plan Bloombergcom

Most Asian stocks followed a rally in US equities on optimism the US-China trade truce marks the end to an all-out tariff war.

Stocks were supposed to slump and bonds rally as the Fed drove the US into a recession. It didn’t play out as strategists expected.

Victoria’s Secret & Co. has stopped some office operations and told employees to avoid using company technology amid a “security incident” that also disrupted the retailer’s online shopping website and…