FACTORY BOOM: Bessent says tax incentives are FUELING investment

• Economic growth is 're-accelerating,' leading to higher bond yields.
• Tax incentives, including 100% expensing on equipment and factories, are fueling a capital expenditure boom.
• Trillions of dollars in capital are flowing into the United States from global markets.

Treasury Secretary Scott Bessent and Larry Kudlow discuss the US economy, asserting that higher Treasury yields reflect robust economic growth, a CapEx boom driven by tax incentives, and trillions in capital flowing into the US, rather than inflation fears. They emphasize that the US is a premier destination for capital due to its pro-growth policies.