Kudlow says economic growth could top 4% - CNBC

[RoyBacon]

Oh were oh where could my good buddy dante be..

Where oh where could he be?

Last year when we were at 1.7% I predicted 3.3% for '18 and offered to bet all comers. Tards laughed and laughed. Number of comers who took the bet: 0

Ladies and gentleman.....welcome to economic growth. Many of you have not seen real growth in your lifetime.

[khicks26]

Didn't Kudlow say everything was fine before the 08 crash? Who cares what a Hack from Fox News thinks?

Oh Yeah Roy does.

Stock Market does not equal Real Economy.

Thickness equals Roy's Head.

Larry Kudlow LOL Is that guy even a real economist?

[vitterd]

Khicks just closed the thread.

[jt315]

Must be the great Obama handoff . LMAO clowns !

[RoyBacon]

Them tards have changed their tune boys. Remember Crying Chuck Schumer saying tax cuts would actually hurt and we wouldn't even get to 1.7%?????

We need to have a walk down memory lane here one day.

What do you say about this incredible, beautiful growth if you're a tard? Ignore? Deny? Crumbs maybe?

[khicks26]

[RoyBacon]

"This idea of cutting taxes does not create growth"

[dante1]

who is this L Kudlow guy Roy?

[RoyBacon]

who is this L Kudlow guy Roy?

potus economic adviser

The biggest fear now is overheating and a sharp rise in interest rates. If you read between the lines the Fed is not going to stand for any inflation and that's a shame. They did a great job announcing the 4 rate hikes planned for this year. But an over aggressive stance on inflation is not needed.

With the U.S. economy firing on all cylinders, the Federal Reserve should ease away from monetary policy accommodation and move interest rates up far enough to prevent unwanted inflation but not so fast that a recession ensues, a U.S. central banker said Tuesday.
"At a time of full employment with price stability, policy should be a neutral influence on economic activity," Kansas City Federal Reserve Bank President Esther George said in remarks prepared for delivery to an agricultural symposium. "Gradual further increases in our policy rate will be necessary to return policy to a neutral stance, although there is considerable uncertainty about exactly how far or fast we need to go."

[khicks26]

who is this L Kudlow guy Roy?

LOL

[dante1]

roy who is this guy? this larry guy?

[dante1]

potus economic adviser

The biggest fear now is overheating and a sharp rise in interest rates. If you read between the lines the Fed is not going to stand for any inflation and that's a shame. They did a great job announcing the 4 rate hikes planned for this year. But an over aggressive stance on inflation is not needed.

With the U.S. economy firing on all cylinders, the Federal Reserve should ease away from monetary policy accommodation and move interest rates up far enough to prevent unwanted inflation but not so fast that a recession ensues, a U.S. central banker said Tuesday.
"At a time of full employment with price stability, policy should be a neutral influence on economic activity," Kansas City Federal Reserve Bank President Esther George said in remarks prepared for delivery to an agricultural symposium. "Gradual further increases in our policy rate will be necessary to return policy to a neutral stance, although there is considerable uncertainty about exactly how far or fast we need to go."

oh that Larry, he is the same guy that claimed not very long ago that the deficit is coming down rapidly? hmmm, that Larry, when in actuality the deficit is skyrocketing rapidly. lol . just wanted to know if it was the same Larry.

this Larry guy reminds me of a guy by the name of Mr Brooks, he too wrote something funny for months and months, he claimed the Russians had absolutely zero involvement in our elections. And then the idiot went on to write and if they did, they supported HC.

I think Larry and Brooks are best friends, not sure but I think so.

[khicks26]

Yeah Roy, what job did he have before working with Trump?

[RoyBacon]

Guys, let's not go into denial. How about the Chairmen of the Fed? Good enough source? LOL This was yesterday;

The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.

Powell is delivering his semiannual testimony to Congress this week, starting with an appearance Tuesday before the Senate Committee on Banking, Housing and Urban Affairs.
In remarks he provided ahead of a question-and-answer session, Powell painted a largely positive picture of the economy, which he said is expanding at an increasing pace and is being boosted by aggressive fiscal policy on Capitol Hill.

[dante1]

LOL

Khicks, just wanted to make sure I had the right Larry.

[dante1]

Guys, let's not go into denial. How about the Chairmen of the Fed? Good enough source? LOL This was yesterday;

The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.

Powell is delivering his semiannual testimony to Congress this week, starting with an appearance Tuesday before the Senate Committee on Banking, Housing and Urban Affairs.
In remarks he provided ahead of a question-and-answer session, Powell painted a largely positive picture of the economy, which he said is expanding at an increasing pace and is being boosted by aggressive fiscal policy on Capitol Hill.

Is he related to Brooks, Roy? I heard they are first cousins.

[khicks26]

This horse just ate a pile of Kudlow.

[khicks26]

Khicks, just wanted to make sure I had the right Larry.

OH you got the right guy. LOL

[khicks26]

Guys, let's not go into denial. How about the Chairmen of the Fed? Good enough source? LOL This was yesterday;

The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.

Powell is delivering his semiannual testimony to Congress this week, starting with an appearance Tuesday before the Senate Committee on Banking, Housing and Urban Affairs.
In remarks he provided ahead of a question-and-answer session, Powell painted a largely positive picture of the economy, which he said is expanding at an increasing pace and is being boosted by aggressive fiscal policy on Capitol Hill.

Thought you guys wanted to abolish the FED?

[dante1]

This horse just ate a pile of Kudlow.

Roy, anybody that uses the term "fake news" cannot then use any other news as real news. You understand that Roy, right? I know you do? You need to be consistent my friend, either news is fake or it is real. You can't pick and choose.

And you too often depend on what is "going to happen" how about we stick with issues that have happened, instead.

So let's review, it is either fake news or real news and issues that have already happened, not material we hope will happen. For instance, we can talk about DT lying every time he opens his mouth. That has already happened. You catchin on Roy?

[RoyBacon]

Guys, let's not go into denial. How about the Chairmen of the Fed? Good enough source? LOL This was yesterday;

The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.

Powell is delivering his semiannual testimony to Congress this week, starting with an appearance Tuesday before the Senate Committee on Banking, Housing and Urban Affairs.
In remarks he provided ahead of a question-and-answer session, Powell painted a largely positive picture of the economy, which he said is expanding at an increasing pace and is being boosted by aggressive fiscal policy on Capitol Hill.

Deny and cry, deny and cry and then ask why? Chuck promised the economy wouldn't grow!

[dante1]

Thought you guys wanted to abolish the FED?

that was then K, this is now.

[dante1]

Deny and cry, deny and cry and then ask why? Chuck promised the economy wouldn't grow!

so they were both wrong, what a surprise, two politicians wrong? I tell you I am shocked.

[khicks26]

Roy, anybody that uses the term "fake news" cannot then use any other news as real news. You understand that Roy, right? I know you do? You need to be consistent my friend, either news is fake or it is real. You can't pick and choose.

And you too often depend on what is "going to happen" how about we stick with issues that have happened, instead.

So let's review, it is either fake news or real news and issues that have already happened, not material we hope will happen. For instance, we can talk about DT lying every time he opens his mouth. That has already happened. You catchin on Roy?

Hear hear.

[RoyBacon]

No substantive replies. LOL

I don't want to rub it in, I'm a gentleman not a troll.

But we all can learn in real time. The estimate for 2nd qtr GDP was 2% 4 months ago. I bet the limit at PredictIt it would be north of that, same with Q1. Place is a gold mine full of liberals who bet with their heart...reminds me of SBR.

[dante1]

that was then K, this is now.

you gotta love R, deficits are the very worst thing in the world, that is unless the R's are in charge. I have a ton of mantras, I know I do. Here is another favorite. Search and search, high and low, through desert and oasis, you will not and cannot find a bigger hypocrite than a R politician.

the D's should say next time D trump wants to nominate a SC justice, we want to wait until next election? won't do any good just for laughs.

[dante1]

No substantive replies. LOL

I don't want to rub it in, I'm a gentleman not a troll.

But we all can learn in real time. The estimate for 2nd qtr GDP was 2% 4 months ago. I bet the limit at PredictIt it would be north of that, same with Q1. Place is a gold mine full of liberals who bet with their heart...reminds me of SBR.

we gave responses, he is the same guy that claimed the deficit is decreasing GREATLY. It is actually increasing. That is a response Roy it goes to the character and quality of the gentleman making this prediction. It is a great response.

[khicks26]

Yeah Roy, go with Kudlow. Just hope you didn;t do that in 08.

[khicks26]

This horse threw up his pile of Kudlow.

[khicks26]

you gotta love R, deficits are the very worst thing in the world, that is unless the R's are in charge. I have a ton of mantras, I know I do. Here is another favorite. Search and search, high and low, through desert and oasis, you will not and cannot find a bigger hypocrite than a R politician.

the D's should say next time D trump wants to nominate a SC justice, we want to wait until next election? won't do any good just for laughs.

Next you will see Josh in here referencing the FED.

[RoyBacon]

we gave responses, he is the same guy that claimed the deficit is decreasing GREATLY. It is actually increasing. That is a response Roy it goes to the character and quality of the gentleman making this prediction. It is a great response.

OK. At least on this rub in it's great for the country.

Be interesting to see how tariffs play into the revised estimates for the 3rd and 4th qtrs.

We are seeing some what appears to be guarded guidance coming from the 2nd qtr profit reports from companies with the most exposure. But the grand daddys are next week.

Could tariffs be used as a governor to too much growth too fast, ie; over heating? And have a side effect of cutting the budget deficit by half? hmm...inquiring minds want to know...

[khicks26]

OK. At least on this rub in it's great for the country.

Be interesting to see how tariffs play into the revised estimates for the 3rd and 4th qtrs.

We are seeing some what appears to be guarded guidance coming from the 2nd qtr profit reports from companies with the most exposure. But the grand daddys are next week.

Could tariffs be used as a governor to too much growth too fast, ie; over heating? And have a side effect of cutting the budget deficit by half? hmm...inquiring minds want to know...

See this is the problem with you & corporate America. You have no ability to look pass the next quarter. Its all short term.

When the shit hits the fan you guys are nowhere to be found. That is unless you need to be bailed out by the taxpayer.

Go eat your Kudlow Roy.

[HockeyRocks]

Oh were oh where could my good buddy dante be..

Where oh where could he be?

Last year when we were at 1.7% I predicted 3.3% for '18 and offered to bet all comers. Tards laughed and laughed. Number of comers who took the bet: 0

Ladies and gentleman.....welcome to economic growth. Many of you have not seen real growth in your lifetime.

The magic word...."could." He also said for a few months..

[RoyBacon]

See this is the problem with you & corporate America. You have no ability to look pass the next quarter. Its all short term.

When the shit hits the fan you guys are nowhere to be found. That is unless you need to be bailed out by the taxpayer.

Go eat your Kudlow Roy.

Agree, so let's all work together to keep growth going. I think that's what you're saying.

We should look at unnecessary gov spending and another round of tax cuts. We could do a LOT to simplify reporting requirements especially for small business. A lot we can do to ensure future growth.

See, this is going to be fun...we are working together.

[RoyBacon]

Trader Talk with Bob Pisani

At this pace, earnings growth will top the first quarter's record 26% increase

• Forty-eight companies have disclosed second quarter profit and revenue well above expectations.
• The earnings beats have been particularly strong. Textron beat by 25 percent, WW Grainger by 17 percent and Morgan Stanley by 13 percent.
• More importantly, guidance for future quarters is strong.

fuggin gitty-up horsey!