Wednesday, July 18, 2018

Kudlow Said 4% GDP Or Did He Hint To 5%

Larry Kudlow, President Trump's top economic advisor said a lot today. It all appeared very bullish. There could be more tax cuts, he hinted to China melting, and he hinted to 5% GDP? Did I hear that right? He also compared now to the '90s. Very bullish.

In his Jim Cramer interview, Larrow Kudlow said about GDP, "It may be four for a quarter or to two. It may be plus."

Did I hear that right? Plus? Does that mean Four-plus or something higher than four, like five? Not sure but it's sure not bearish.

He also said they are designing economic policy to drive an 1980s-1990s-style multi-year period of prosperity.

CNBC also quoted him as saying about China, "They know they're wrong."  I expect some agreement at some point.

All bullish.

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