Larry Kudlow
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I mean, frankly, I can't believe I'm here doing this. It's kind of bizarre. You know how to read an income statement, and you know how to read a balance sheet. You've had some business experience. I'm kidding, but you know about this stuff. I mean, how are you running your other businesses? With great difficulty. Yeah, I mean... Producers are yelling at me to get out.
I don't want to end this interview because it's too much fun.
You know what? If Congress says build a bridge for a billion dollars and Mr. Trump says, no, no, I can do it cheaper at 500 million, why not impound the unused 500 million?
Watch. These judges are getting silly. I don't know how and when this is going to be resolved, but there's a certain, you know, it's a preposterous notion that political appointees can't see it. And that says it's preposterous that outsiders or now employees of the government like Elon Musk can't do their job and search for fraud. I do not understand this.
And I think a lot of people are scratching their heads, Russ.
Yeah, I mean, it seems to me an intrusion into presidential authority and executive authority.
Last one. What's left of the Biden economy is slumping so badly. It's just slumping. This is the legacy of the Biden economy. Will we hear? I want you to tell me, Caroline Leavitt. I want you to say, Larry, we're going to have lots of talk about.
Play this clip.
I mean, look, Sean. part of this business you know the stock market's selling off over tariffs i i think that's crazy tariffs are not inflationary tariffs are not going to lead to a recession trump's reciprocal tariff policy is very good and you saw the canadian uh back off today promptly when trump threatened them remember what i said when i started this video war is peace
Here, play this clip. Some very, very smart people are telling me that the jobs number that's coming out, the February jobs number that's coming out Friday could be flat, even negative, Brookie. The GDP now tracker from the Atlanta Fed is showing, I mean, for the first quarter, a minus two and a half or minus 2.8%. And we've had lousy numbers on things like housing and business investment.
My generic point here with respect to affordability and the economy is we're gonna have to suffer through some bad news. This has nothing to do with Trump. Trump's program's not in here.
All right, because robots usually replace people, but you think that ultimately it's going to create jobs, right?
hello folks welcome to kudlow i'm larry kudlow so markets crash over 700 points today after a bad inflation report more tariff confusion oh and by the way republicans really gonna raise taxes that could have done it you know it wasn't so long ago where we would see record-breaking stock market numbers when former president biden was running things it seemed that every month the gdp was going higher
Here, play this clip. Some very, very smart people are telling me that the jobs number that's coming out, the February jobs number that's coming out Friday could be flat, even negative, Brookie. The GDP now tracker from the Atlanta Fed is showing, I mean, for the first quarter, a minus two and a half or minus 2.8%. And we've had lousy numbers on things like housing and business investment.
My generic point here with respect to affordability and the economy is we're going to have to suffer through some bad news. This has nothing to do with Trump. Trump's program's not in
Hello, folks. Welcome to Kudlow. I'm Larry Kudlow. So markets crash over 700 points today after a bad inflation report, more tariff confusion. Oh, and by the way, Republicans really going to raise taxes? That could have done it. Our own Sandra Smith, Taylor Riggs and Jerry Wills be right here on set to break it.
And a security deal, an investment deal, a trade deal. We already have military base up there. I mean, President Trump is highlighting something that's very, very important, is he not?
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.
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.
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.
It would bring down the cost of ownership of stock and bonds. So those are the type of financial reforms.
Hello, folks. Welcome to Kudlow. I'm Larry Kudlow. So markets crash over 700 points today after a bad inflation report, more tariff confusion. Oh, and by the way, Republicans really going to raise taxes? That could have done it. Our own Sandra Smith, Taylor Riggs and Jerry Wills be right here on set to
Hello, folks. Welcome to Kudlow. I'm Larry Kudlow. Stocks are swooning and Charles Payne's going to help us out and just a little bit tell us why all this is happening.
Some very, very smart people are telling me that the jobs number that's coming out, the February jobs number that's coming out Friday could be flat, even negative, Brookie. The GDP now tracker from the Atlanta Fed is showing, I mean, for the first quarter, a minus two and a half or minus two point eight percent. And we've had lousy numbers on things like housing and business investment.
My generic point here with respect to affordability and the economy is we're going to have to suffer through some bad news. This is nothing to do with Trump. Trump's program is not.