Kudlow: US Experiencing "Middle-Class Boom"
He said America is experiencing a "terrific economy" and "it's not over yet," said Kudlow, who served as the Trump campaign's senior economic adviser.
He said America is experiencing a "terrific economy" and "it's not over yet," said Kudlow, who served as the Trump campaign's senior economic adviser.
Part of the trouble: A year ago, he misread the markets. Druckenmiller saw “warning signs” in prices and predicted a period of low returns.
Investment guru Ray Dalio predicts that the Federal Reserve will resume cutting interest rates as the global economy slows down.
The Fed insists that the current balance sheet expansion is not QE designed to lower long-term rates and provide economic stimulus.
It doesn't take much to spark corrections in vulnerable economies and markets. But a garden-variety correction is far different from a crisis.
The gloomy economist credited Trump for an emotional high that is currently felt throughout the market and which shows no signs of slowing down.
Warren Buffett is the jolly man of the stock market. However, the chairman and CEO of Berkshire Hathaway has also been a bit of a Scrooge this year.