Larry Kudlow says falling bond yields dont...

[tsptalk]

Larry Kudlow says falling bond yields don’t reflect the US economy’s fundamentals

KEY POINTS

“I just think, in general, I would be very careful to put too much emphasis on what bond rates are doing,” Kudlow said from the White House.

Kudlow’s comments came as the yield on the benchmark 30-year Treasury bond fell to an all-time low under 1.9% and the Dow fell 285 points.

“I think you have a lot of mood swings here and I don’t think it reflects the fundamentals,” he added. “This a fundamentally very sound economy.”

https://www.cnbc.com/2020/02/21/lar...ont-reflect-the-us-economys-fundamentals.html

 

[TommyIV]

Disclaimer: Larry Kudlow has tremendous more knowledge than me when it comes to markets and the economy. However he also must have an agenda given his position. He is going to say what he has to to keep investors putting money to work and upbeat. So when I hear him say "This is a fundamentally very sound economy", and " I think you have a lot of mood swings here and I don't think it reflects the fundamentals", I'm really hearing him do his job, not necessarily laying everything out on the table. Suggesting potential impacts from China's situation or pointing out weak spots in the economy is not in his favor no matter how really feels especially during an election year involving the the administration he works for.

 

[tsptalk]

Also, Kudlow has been bullish on the U.S. economy since 1972. :smile: