Kudlow: ‘Trump Factor’ Is Powering Strong Economic Gains

[jimnyc]

I wish FJ were still posting, as I know he was very high on Kudlow and his expertise.

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Kudlow: ‘Trump Factor’ Is Powering Strong Economic Gains

Sunday on New York AM 970’s “The Cats Roundtable,” CNBC regular and economist Larry Kudlow credited President Donald Trump for the recent stock market gains and economic growth.

“[T]he profit reports continue to exceed expectations and that’s been true for the last couple of quarters,” Kudlow told host John Catsimatidis. “I think that’s the backbone of the stock market rally.”

“I would add global economic growth is picking up … I do think there’s a Trump factor here. Among other things, Trump has made good on his promise to roll back hundreds of regulations: energy, finance, labor laws, you name it. He’s put it into place. That is a huge cost savings for businesses, particularly the smaller businesses. And I think that has instilled a lot of confidence. This is a pretty confident market. I wouldn’t mess with it right now. It looks awfully good,” he added.

http://www.breitbart.com/video/2017/08/06/kudlow-trump-factor-is-powering-strong-economic-gains/

[Black Diamond]

I wish FJ were still posting, as I know he was very high on Kudlow and his expertise.

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Kudlow: ‘Trump Factor’ Is Powering Strong Economic Gains

Sunday on New York AM 970’s “The Cats Roundtable,” CNBC regular and economist Larry Kudlow credited President Donald Trump for the recent stock market gains and economic growth.

“[T]he profit reports continue to exceed expectations and that’s been true for the last couple of quarters,” Kudlow told host John Catsimatidis. “I think that’s the backbone of the stock market rally.”

“I would add global economic growth is picking up … I do think there’s a Trump factor here. Among other things, Trump has made good on his promise to roll back hundreds of regulations: energy, finance, labor laws, you name it. He’s put it into place. That is a huge cost savings for businesses, particularly the smaller businesses. And I think that has instilled a lot of confidence. This is a pretty confident market. I wouldn’t mess with it right now. It looks awfully good,” he added.

http://www.breitbart.com/video/2017/08/06/kudlow-trump-factor-is-powering-strong-economic-gains/
I miss the guy. I learned from him and I enjoyed the challenge.

[michiganFats]

I wish FJ were still posting, as I know he was very high on Kudlow and his expertise.

---

Kudlow: ‘Trump Factor’ Is Powering Strong Economic Gains

Sunday on New York AM 970’s “The Cats Roundtable,” CNBC regular and economist Larry Kudlow credited President Donald Trump for the recent stock market gains and economic growth.

“[T]he profit reports continue to exceed expectations and that’s been true for the last couple of quarters,” Kudlow told host John Catsimatidis. “I think that’s the backbone of the stock market rally.”

“I would add global economic growth is picking up … I do think there’s a Trump factor here. Among other things, Trump has made good on his promise to roll back hundreds of regulations: energy, finance, labor laws, you name it. He’s put it into place. That is a huge cost savings for businesses, particularly the smaller businesses. And I think that has instilled a lot of confidence. This is a pretty confident market. I wouldn’t mess with it right now. It looks awfully good,” he added.

http://www.breitbart.com/video/2017/08/06/kudlow-trump-factor-is-powering-strong-economic-gains/

Stock market growth doesn't necessarily translate to a stronger domestic economy. We'll have to wait and see if this translates to long term job growth.