A quick heads up:
I will be on Kudlow & Company tonite at 5pm, along with Noah Blackstein, portfolio manager for the Dynamic Mutual Fund manager and Mary Farrell, Chief Investment Strategist for UBS Wealth Management USA.
Its for 2 segments, and the topics will include the Economy, Market conditions, Earnings, and this very difficult trading environment.
Once again, I expect my recent lack of Bullishness to get grilled by big Larry.
Please tell Kudlow that his Laffer curve is just that, a Laugher. As he says, reduced taxes stimulate capital gains taxes, but those gains taxes are cyclical and volatile.
If we look at current surging tax receipts minus gains taxes we see a different picture.