Despite $11 Billion Shutdown Impact, U.S. Economy Remains Resilient

A recent U.S. government shutdown has resulted in a significant economic loss of $11 billion. However, macro hedge fund manager Scott Bessent argues that this setback is not strong enough to trigger a recession. His optimistic outlook reflects the nation’s proven ability to navigate temporary disruptions. The economy continues to show strength with robust consumer spending and job growth. These indicators suggest the U.S. remains on track for continued economic stability, even amid political uncertainties.