Nov 21, 2018

Larry Kudlow: no recession in sight (2018)

The basic economy has reawakened and it's gonna stay there.  I mean, I'm reading some of the weirdest stuff, how a recession is around the corner - nonsense.  My personal view, our administration’s view, the recession is so far in the distance you can’t see it.

~ Larry Kudlow, White House economic adviser, November 20, 2018

(The most recent Bloomberg survey of 45 economists showed the chance of a recession in the next 12 months at 15 percent.  The poll also showed expectations for growth this year to be 2.9 percent, before slowing to 2.7 percent next year and 2 percent in 2020.)

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