A Re-election Jobs Report? By Lawrence Kudlow
Did the big March jobs report put President Obama back on the road to re-election? If so, he can thank the GOP, whose tax cuts saved him from himself.
Commentary by Lawrence Kudlow
Most Recent Releases
April 2, 2011
March 31, 2011
Full-Throttle Drill, Drill, Drill By Lawrence Kudlow
If you buy into the energy speech President Obama delivered on Wednesday, it sure sounds like we're headed for drill, drill, drill. It would be a total reversal of policy. I guess $100-plus oil and near $4 gas at the pump -- along with a consumer economic-political revolt -- will do that to you.
March 23, 2011
Q1 Slowdown: Caveat Emptor By Lawrence Kudlow
Caveat emptor: The first-quarter economy is slowing, and inflation is rising. A month ago, economists were optimistic about the potential for 4 percent growth. Now they are marking down their estimates toward 2.5 percent. Behind this, consumer expectations are falling, while inflation fears are going up.
March 11, 2011
Unknown Unknowns By Lawrence Kudlow
Stocks got slammed today. The Dow dropped 228 points as the much anticipated correction appears to be taking hold. Year-to-date, the broadest index, the S&P 500, is still up 3 percent, and the Dow is up 3.5 percent. Curiously, a $2 drop in oil did not rescue the market. But a lot of worries about China growth, a Spanish credit downgrade, and a widening U.S. trade deficit weighed down the market right from the opening trade.
March 8, 2011
Government Shutdown? So What? By Lawrence Kudlow
According to news reports, Team Obama and House Republicans are at least $50 billion apart in the budget negotiations for FY2011. I'm willing to bet that Team Obama and Senate Democrats won't agree to even $20 billion in spending cuts.
March 5, 2011
Stocks Diss Oil, for Now By Lawrence Kudlow
Big economic-growth stats are trumping oil prices and the Mideast tinderbox. In optimistic trading on Thursday, stocks soared nearly 200 Dow points. Oil barely fell to just under $102 a barrel. Know what? The market may be shouting out that the recent oil spike is not going to derail economic recovery.
February 18, 2011
Profits Squeeze By Lawrence Kudlow
“Don’t fight the Fed” is an old stock market adage. Successful investors pay a lot of attention to it. It means that when the central bank is easy, it’s bullish for stocks. And when the bank turns tight, it’s bearish for stocks. Obviously, the Bernanke Fed has been ultra-easy for a couple of years now: The bullish stock market has just doubled its value from the early March 2009 bottom.
February 12, 2011
Obama Equal Reagan? So Far, It Ain't Even Close By Lawrence Kudlow
A week after Ronald Reagan's 100th birthday celebration, comparisons between Presidents Obama and Reagan continue.
February 9, 2011
January's Unemployment Report Was a Snow Job By Lawrence Kudlow
The January employment report was a complete snow job. Abominable winter blizzards across the country caused 886,000 workers to report "not at work due to bad weather," according to the Bureau of Labor Statistics. This is 600,000 more than the normal 300,000 not at work for the average January of the past decade.
February 6, 2011
Snow Job By Lawrence Kudlow
The January employment report was a complete snow job. Abominable winter blizzards across the country caused 886,000 workers to report “not at work due to bad weather,” according to the Bureau of Labor Statistics. This is 600,000 more than the normal 300,000 not at work for the average January of the past decade.
February 2, 2011
Bernanke and Ethanol Sink Egypt By Lawrence Kudlow
Decades of autocratic government and a lack of free elections are, of course, the main drivers of the political upheaval in Egypt. But did the sinking dollar and skyrocketing food prices trigger the massive unrest now occurring in Egypt -- or the greater Arab world for that matter?
January 29, 2011
Food Riots: Is Bernanke Partially to Blame? By Lawrence Kudlow
As we know, massive popular unrest has broken out against autocratic governments in North Africa and the Arab world. Egypt is the biggest story. But to varying degrees, the people have taken to the streets in Algeria, Jordan, Libya, Morocco, and Yemen.
January 28, 2011
Christie: Showing Washington How to Get It Done By Lawrence Kudlow
New Jersey Gov. Chris Christie expressed disappointment in President Obama’s failure to commit to aggressive budget cuts and entitlement reform in last night’s State of the Union speech.
January 26, 2011
Mr. ‘Investment’ By Lawrence Kudlow
In his State of the Union message tonight, President Obama is likely to call for some kind of corporate tax reform. But don’t look for him to be a budget-cutter.
January 22, 2011
GE's Immelt on the Hot Seat By Lawrence Kudlow
Can GE CEO Jeffrey Immelt talk President Obama into a major corporate tax cut? Immelt has been appointed to the new Council on Jobs and
Competitiveness, which replaces the disbanded Paul Volcker Economic Recovery Advisory Board. Immelt was a member of that original board. Now he has a more elevated position in the Obama 2.0, allegedly pro-business move-to-the-center Clintonesque White House.
January 19, 2011
How to Combat an Arrogant China? By Lawrence Kudlow
Is there a new Cold War developing between China and the United States? That’s a question hovering over President Hu Jintao and his entourage as they come to Washington to discuss military, trade, and financial flash points with the Obama administration.
January 18, 2011
Stocks Say We’re Healing; Prices Say Look Out By Lawrence Kudlow
U.S. economic recovery continues to look better, according to the stock market and a boatload of economic stats last week. Stocks jumped 133 points on the Dow, which hit a 30-month high following its seventh straight weekly rise. Early fourth-quarter profit reports from Alcoa, Intel, and JPMorgan all beat expectations. Share prices are back to June 2008 levels, before the financial meltdown.
January 8, 2011
Washington Goes Supply-Side By Lawrence Kudlow
"Stop the bad stuff" is what John Boehner told a bunch of us at breakfast a few weeks before the election. That's how he defined the GOP mission. Now he's speaker.
January 5, 2011
Supply-Side Obama? Trust but Verify By Lawrence Kudlow
The past is not always a prologue to the future. But looking at some of the big winners and losers of 2010 does provide some strong hints of a positive 2011.
December 18, 2010
Reaganomics 2.0 in the Driver’s Seat By Lawrence Kudlow
On a historic night this past Thursday, a new Tea Party Republican Congress completely transformed U.S. economic policy. Elections matter, and so do their ideas. Smaller government, low taxes, and less spending were key election themes in the Republican landslide. And those themes triumphed this week as a large tax-cut bill finally passed the House and a monstrosity of a spending bill was defeated in the Senate.
