Showing posts with label people - Kudlow; Larry. Show all posts
Showing posts with label people - Kudlow; Larry. Show all posts

Oct 15, 2020

Larry Kudlow on the threat of the coronavirus being "contained" (2020)

I want to make those points again: You've got a fundamentally strong economy, we've done well containing this in the U.S., this virus thing will pass, and if you're a long-term investor I think they should look seriously at... buying... the stock market for the long run where the great performance has been... That does not negate the human tragedy.




Apr 15, 2020

Larry Kudlow proposes "war bonds" to Trump for coronavirus

[Larry] Kudlow says he proposed 'war bonds' for coronavirus to Trump.

The U.S. has used special war bonds in the past, drawing on patriotism to fund military and counter-terrorism operations. Americans lent their government money through purchases of Liberty Bonds in World War I and War Bonds in World War II. In 2001, Treasury Secretary Paul O’Neill introduced “Patriot Bonds” to help finance the fight against terrorism after the Sept. 11 attacks.

~ "Larry Kudlow's War Bonds Are Coming But in a Plain Vanilla Rapper," Bloomberg, April 15, 2020

Larry Kudlow speaks to members of the media in Washington, D.C., on April 14.

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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Oct 22, 2018

Larry Kudlow on the economic boom (2018)

The economy is in terrific shape. We are in an economic boom. People thought it would be impossible. The reality is we are clicking on all cylinders. They are absolutely crushing it, profits are rising, confidence is up, blue-collars are up, wages are up.

~ Larry Kudlow, Fox News interview, October 14, 2018

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May 20, 2010

Larry Kudlow on the fallout from Europe's troubles

The economic fundamentals in this country are good and don't deserve this kind of trouble.

We need to take the next step: just guarantee all the bank debt!

~ Larry Kudlow, as appeared on CNBC at 11:10 am EST, May 20, 2010

Dec 31, 2007

Larry Kudlow on the proposed invasion of Iraq

The shock therapy of decisive war will elevate the stock market by a couple of thousand points.

~ Larry Kudlow, National Review Online, June 26, 2002

Larry Kudlow: "Not even Greenspan can stop the Internet economy" (2000)

This correction will run its course until the middle of the year. Then things will turn up again, because not even Greenspan can stop the Internet economy.

~ Larry Kudlow, The New York Post, February 25, 2000

Dec 11, 2007

Larry Kudlow: "I wouldn't panic"

I wouldn't panic. Investors should stay in for the long-term. Goldilocks is alive and well.

~ Larry Kudlow, CNBC, December 11, 2007

(The DJIA dropped 294 points to 13,433 on disappointment that the Fed only lowered rates 1/4%. Kudlow's comments came about 40 minutes after the close.)

Nov 4, 2007

Larry Kudlow: "Open the money spigots"

Recently, economic nobelist Milton Friedman said money-supply growth should err on the side of ease today. He is totally right, but key liquidity measures that stalled last winter must be significantly strengthened. The Fed must recognize that the creation of new money will halt the spread of deflation, support growing dollar needs in Latin America and other parts of the globe, and relieve the lingering corporate credit crunch.

As economists and investors ponder uncertainties over the impending war on Iraq, the importance of adequate money-adding should not be debated. Adequate money adding should simply be performed — for the sake of a stock-market rebound and the security that comes with a strong economy.

The Federal Reserve will announce a monetary policy decision Tuesday afternoon amidst great turmoil in the world economy. Let's hope they make the right move and open the money spigots.

~ Larry Kudlow, "It’s Up to Greenspan," September 24, 2002

Larry Kudlow: Supply-siders think the Fed is too tight

Ironically, in a world swept by free-market policies launched by Ronald Reagan and Margaret Thatcher 20 years ago, the U.S. Fed and central banks the world over remain the last practitioners of Soviet-style central planning.

That the economy is languishing is no big surprise. Overburdened by excess tax payments and a shortage of Fed-induced cash, along with a Y2K hangover and a couple of nasty energy-price shocks, current economic growth is just about zero right now.

Milton Friedman thinks the Fed is too loose. Supply-siders believe the Central Bank is too tight.

~ Larry Kudlow, "Letting Alan Off The Hook," National Review, February 13, 2001