CICK HERE to listen to the Ricochet Podcast.
Highlights:
*Larry Kudlow believes we may be overdue for a correction or a bear market, but on the optimistic side, low energy prices will be good for the economy in the middle to long term. Advises “don’t sell.”
*Tim Pawlenty worries about the risk of deflation and China’s slowdown. Larry is more nervous about falling profits.
*Larry Kudlow says with declining commodity prices, the Fed shouldn’t be making any further moves.
*Larry Kudlow and Tim Pawlenty discuss the “Tamny Thesis” that the rise of Sanders and Trump hurt the markets. Larry argues Trump is more pro-growth than he gets credit for.
CLICK HERE to listen to the show.
Photo Credit: Scott Beale