“Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bears have been dead wrong in predicting housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.” – Larry Kudlow – June 20, 2005
“Yes, economic growth may indeed pause to roughly 2 percent in the next couple of quarters, the result of two years of overly tight money from the Federal Reserve and the ensuing upturn in sub-prime defaults and foreclosures. You can call it Goldilocks 2.0. But you can’t call it a recession.” – Larry Kudlow – December 10, 2007
“I’m reading some of the weirdest stuff how a recession is in the future – nonsense.” – Larry Kudlow – November 20, 2018
Uh-oh. Look out below!
Kudlow also said, today, that a recession is so far out he can’t even see it.
Stucky- When Kudblow fails to see a recession on the horizon, you better be like the midget at the urinal and keep on your toes. I’m pretty sure Larry can’t find his own ass with both his hands and a map, he is just a paid shill who sees what he gets paid to see.
Beware all ye who play in the rigged casino!
From the highs:
Dow Industrials -9.2%
S&P -10.2% (Correction)
Dow Transports -12.1% (Correction)
Nasdaq Composite -15.1% (Correction)
Nasdaq 100 -15.3% (Correction)
Russell 2000 -15.6% (Correction)
Kudlow is a shill…
Cuntlow is a jew shill POS.
The builders are in overdrive in MD. Houses going up everywhere and being filled.
Fact
Then the govt must be growing commensurately.
Where? I haven’t seen it.
AACO & PG County
Who the fuck would live in PG county?
At least we know where the $trillion deficit is going.
That is also what happened in 2007. Then, well we know what happened to all the people that filled those houses. The houses ended up trashed, and the people ended up homeless.
I suspect that in 2 to 3 years time, the entire landscape of everything we have seen in the last 10 years will look like scorched earth. Money is getting tight, and it always starts out with disbelief, denial and “oh, its just a correction”, then run for the exits. We are still in the disbelief stage.
The Cud knows come what may he can use his experience in government to peddle his ass for even more loot. And if a lot of regular people take another financial porking, fine. He’ll be alright Jack.
Such is life in the Orange Crusader’s merica.
Ditto the cramer fraud.
Kinda smells like a head fake. There’s a lot of shit-eating in the market right now, but lots of names are holding above their Oct lows. Pharma and utilities are showing the best relative strength. Nondurables were fine until 2 days ago. Nasdaq looks the worst, which is what you’d expect with interest rates rising. The two biggest tells are the VIX and copper, neither of which are showing panic despite a -500 day today. For 10 years the best trade was to buy the indexes and let it ride, but it’s looking more and more like a picker’s market with real winners and losers. That said, the safest place to camp right now is the 3 month t-bill paying 2.3% when the cheap ass banks are still only paying pips in CDs and savings accts.
Kudlow. The Rex Grossman of the financial world. The burning indictment falls on Trump, though. You know, “the company you keep”. The more Trump hires/appoints/promotes idiots like Kudlow, the more his intent becomes suspect.