Larry Kudlow

[snowybirdie]

was on CBS this morning. He was pretty much out of control and hysterical. But the worst thing he said was to give advanced notice of what the latest GDP numbers that are to be released on Friday will be! Now all his buddies in the markets can trade based on advanced information. That's a big no no, Larry!

[tonyt53]

1. Another one of those "I'm not a financial expert, but I play one on TV" guys

[spanone]

2. the 'free trade' guy who sold his soul to kiss trump's ass daily

[unblock]

4. the standard joke is he never had a soul to begin with,

but in this case, he really did never have a soul to begin with.

[hatrack]

3. Cokehead Larry is . . . . apparently still alive

Gosh, who knew?

[peekaloo]

6. *snort*

I would say he was off the rails but based on this report....Casey Jones may be back.

[unblock]

5. what did he say about the gdp numbers?

[snowybirdie]

7. He said

"Great numbers. You'll like the numbers"

[DemocratSinceBirth]

8. There's a rough consensus 2nd qtr GDP will be 4% or higher

We will be told this is "unpresidented" by Trumpists despite it occurring twice in 2014 before it returned to it;s recent level of 2%.

[unblock]

9. gdpnow has it at 4.5% so no surprise here.

https://www.frbatlanta.org/cqer/research/gdpnow.aspx

of course no one thinks q3 will be close to 4%.
3.0% is probably a best-case scenario.


also no one thinks his tariff nonsense is helping.

a lot of our business is dealing with international trade and we're seeing a lot of things put on hold.

[DemocratSinceBirth]

10. We're not going to hear the end of it.

[unblock]

11. they'll bump their own good news off the headlines.

unfortunately for them they don't know how to turn off the short-cycle scandal/nonsense news cycle.