There are “Booms” in the US’ Housing, Retail and Auto Industries

There are “Booms” in the US’ Housing, Retail and Auto Industries

#US #economy #housing #auto #retail Larry Kudlow, the head of the National Economic Council, says the economy is having “booms” in housing, retail and autos that are fueling a “self-sustaining V-shaped recovery.” In an interview last Wednesday, Mr. Kudlow heralded the indicators showing the economic bounce. “The main thing right now is not only are […]

“A lower US dollar will give a shot in the arm to US exports and overall global growth”

“A lower US dollar will give a shot in the arm to US exports and overall global growth”

#global #growth #exports #dollar $USD $EUR $GBP $USO $XAU $GLD The USD is struggling, and the market is betting the Buck has more room to fall. The trade-weighted USD has fallen 7% from its March highs, and we expect it fall at least 15% from the highs. That will give a shot in the arm […]

Trump Tax Cut 2.0 in the Works

Trump Tax Cut 2.0 in the Works

The White House continues to work on a tax-cut plan in hope that Republican lawmakers will be in control of Congress after the Y 2020 elections, President Trump’s top economic aide Larry Kudlow said. “I am still running a process of Tax Cuts 2.0,” Mr. Kudlow said in a TV interview Wednesday. “We’re many months away.” The […]