While stocks have edged up, investor sentiment is far from bullish. In fact, Citi’s Panic/Euphoria Model recently showed near-panic readings.
Earlier this year Berkshire Hathaway chairman Warren Buffett discussed his nightmare scenario. Since then his cash position has expanded dramatically.
French economist made a splash arguing against wealth inequality in 2013. Now he's back with a pitch that it's time to go beyond capitalism.
“Easy money, you can print as much money as you want,” Kudlow said. “It never works and it won’t work this time either.”