Larry Kudlow

The United States post-World War II was a global stabilizer. We are the global destabilizer. And that's a very hard thing to say because I pride ourselves of bringing the leadership, bringing the conversations. Yes, I do believe we're probably starting. If not, we're in a recession. Yes, I think the market is still anticipating, underestimating how high inflation can get.

The United States post-World War II was a global stabilizer. We are the global destabilizer. And that's a very hard thing to say because I pride ourselves of bringing the leadership, bringing the conversations. Yes, I do believe we're probably starting. If not, we're in a recession. Yes, I think the market is still anticipating, underestimating how high inflation can get.

The United States post-World War II was a global stabilizer. We are the global destabilizer. And that's a very hard thing to say because I pride ourselves of bringing the leadership, bringing the conversations. Yes, I do believe we're probably starting. If not, we're in a recession. Yes, I think the market is still anticipating, underestimating how high inflation can get.

If you factor in all the tariffs, you factor in all these other issues, it's going to be quite additive. I mean, I read in a report that if you just take the tariffs in the cost of home building, the average new home could be up as much as 26%. We already have a housing affordability problem.

If you factor in all the tariffs, you factor in all these other issues, it's going to be quite additive. I mean, I read in a report that if you just take the tariffs in the cost of home building, the average new home could be up as much as 26%. We already have a housing affordability problem.

If you factor in all the tariffs, you factor in all these other issues, it's going to be quite additive. I mean, I read in a report that if you just take the tariffs in the cost of home building, the average new home could be up as much as 26%. We already have a housing affordability problem.

This is not a pandemic. This is not a financial crisis. This is something that we've created. But in the short run, I'm petrified at some of these issues. Petrified.

This is not a pandemic. This is not a financial crisis. This is something that we've created. But in the short run, I'm petrified at some of these issues. Petrified.

This is not a pandemic. This is not a financial crisis. This is something that we've created. But in the short run, I'm petrified at some of these issues. Petrified.

Are we headed for a recession? Are we in a recession? You know, most CEOs I talk to... I would say we are probably in a recession right now.

Are we headed for a recession? Are we in a recession? You know, most CEOs I talk to... I would say we are probably in a recession right now.

Are we headed for a recession? Are we in a recession? You know, most CEOs I talk to... I would say we are probably in a recession right now.

Right now.

Right now.

Right now.

As a huge believer of crypto and blockchain and tokenization, I want the SEC to rapidly approve the tokenization of bonds and stocks. That will simplify things, make things easier. Some of the tax on BlackRock, BlackRock would never have to vote on a proxy vote anymore because every owner or record would be notified through a tokenization of equities. And it would save more money for more people.

As a huge believer of crypto and blockchain and tokenization, I want the SEC to rapidly approve the tokenization of bonds and stocks. That will simplify things, make things easier. Some of the tax on BlackRock, BlackRock would never have to vote on a proxy vote anymore because every owner or record would be notified through a tokenization of equities. And it would save more money for more people.

As a huge believer of crypto and blockchain and tokenization, I want the SEC to rapidly approve the tokenization of bonds and stocks. That will simplify things, make things easier. Some of the tax on BlackRock, BlackRock would never have to vote on a proxy vote anymore because every owner or record would be notified through a tokenization of equities. And it would save more money for more people.

It would bring down the cost of ownership of stock and bonds. So those are the type of financial reforms.

It would bring down the cost of ownership of stock and bonds. So those are the type of financial reforms.