Larry Kudlow: The so-called recession is just over?
“The recession has been canceled: US industrial production jumps to score a high record.” This was the title this morning on the zero hedging website. Very often, the industrial production is an important supply of economic health. The February index was transferred to 104.2, and collecting pre-registered notes in the first period of Donald Trump in 2018. It is better when you look at the title of the production index.
Production has lost an incredible 8.5% for the month of 1% in the 3rd period, in the 3rd period of 1%. In February, high-tech exit increased by 1.4% and over the last 3 months more than 26%. And the work equipment, which is so important, increased by 1.6% in February for the past three months and almost 24%.
The former Trump advisor Kellyanne conway opens the push of tax discounts and workplaces to prolong the 'Kudlow'.
February work equipment can earn huge earnings, including 100%, including factory construction, including factory expectations, including factory construction expectations – Trump's development program. It is also possible to add a moment of rotation to the production and equipment numbers of foreign investment – the front of Trump's mutual trade policy in April 2.
The glitch here can continue the frontal policy of many local companies with the depression of the GDP, collecting foreign imports in January. But when we see the production, production and work equipment Healthy supply of the economy. And the requirement side was very good in February The main retailer jumped 1% and now work 3.8% every year in the last 3 months.
In addition, the apartment is more than 11% in February. The apartment has decreased in recent years, and Trump management has started a large regulation plan to discharge land and launched a basic regulation plan to stop the drowning of any new construction. But at least Mortgage rates fell About 6.6% with a half percent point – and the apartment can cause something to rebound. In addition, the inflation readings for February came to the full side.
'Moore Money' host Steve Moore, remains 'pretty throat' in the economy, and 'Kudlow' trump tax reduction violation, he said.
Of course, liberal journalists push an offer “Tariffs is a disaster” narrative. We are entering a decline they say. I don't expect a minute, inflation goes higher than the sky. An Hang is the tariffs that the stock market destroys. In fact, all these proven theories are likely to be very wrong. Although liberals work hard to stick it to Trump.
Oh, an ultimate thinking: Republicans should move in the house and the Senate In the tax cutting program. This will sink the regulators once and for all.
