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Concerns of a recession unsubstantiated?

Concerns of a recession unsubstantiated?


TODAY SO WHAT TOOK THE MARKET DOWN SO MUCH? THAT’S MY QUESTION. HERE’S MY ANSWER GROWS ATTACK WE’RE HEADED TOWARDS A REARE SESSION THAT WAS IN THE MARKET YESTERDAY. WELL LOOK WHO IS HERE TO ANSWER THE QUESTION. STEVEN MOORE, CHIEF ECONOMIST AT HEIR TAJ AUTHORED BOOK TRUMPNOMICS OVER SUMMER 4% GROWTH. FALL 3% GROWTH. THE WINTER, ATLANTA FEST SAYS 2% GROWTH. ARE WE HEADED FOR RECESSION?>>FIRST OF ALL THAT’S A CONTRADICT — YOU KNOW, MY BEST MAN OF MY WEDDING LARRY KUDLOW HE’S RIGHT. I DON’T SEE — YOU CAN’T SEE A RECESSION ON THE HORIZON. YOU MAY BE LOOKING AT SLIGHTLY DIFFERENT NUMBERINGS THAN I AM. BUT LOOK FOR THE LAST SIX MONTHS, ECONOMY IS GROWING AT 3.5% THAT’S A VERY ROBUST RATE OF GROWTH. IS THERE A SLOWDOWN IN FOURTH QUARTER, MAYBE A LITTLE BIT. BUT IF YOU LOOK AT THE FUNDAMENTALS OF THE ECONOMY LOOK AT CONSTRUCTION, LOOK AT MANUFACTURE, LOOK AT INDUSTRIAL PRODUCTION, LOOK AT CONSUMER CONFIDENCE, LOOK AT, YOU KNOW, ALL OF THESE THINGS ARE SO POSITIVE YOU KNOW I REMAIN VERY BULLISH ON STOCK MARKET AND VERY — OPTIMISTIC ABOUT, YOU KNOW, THIS PATH WE SET THIS OUT FOR TRUMP WE TALK ABOUT THIS IN THE BOOK 3% TO 3.5% GROWTH IT IS ACHIEVEMENT WE CAN DO IT WITH TAX CUTS AND DEREGULATION NOW A LOT ARE UP THERE I DEBATE THEM ALL OF THE TIME THEY SAY — THAT TAX CUT IS, YOU KNOW, IT’S JUST A SUGAR FIX. THAT’S RIDICULOUS FIRST OF ALL THAT’S A CONCEPT, IT IS NOT A SUGAR FIX IN TERMS OF DEMAND IT WAS TO INCENTIVIZE PRODUCTION AND INCENTIVIZE PROFIT AND INCENTIVIZE PEOPLE BRINGING BACKERS HERE WHICH IS WHATTING WE’RE SUCKING CAPITAL IN FRONT OF US SHOW ME NEGATIVE SIGNS IN THE ECONOMY THAT SHOULD SUGGEST RECESSIONS.>>IS GOLDMAN SACHS TOTALLY WRONG DOWN 2% GROWTH.>>GOLDMAN SACHS ECONOMIST HE’S PREDICTED EIGHT OF THE LAST TWO RECESSIONS YOU KNOW, SO HE’S ALWAYS –>>POINT TAKEN. POINT TAKEN I HAVE TO TALK ABOUT TRADE. FIRST OF ALL, IMGHT YOU TO LISTEN TO WHAT LARRY KUDLOW TOLD ME YESTERDAY ON THIS PROGRAM ABOUT CHINA TRADE.>>I WATCHED WELL FOR OUR VIEWERS ROLL TAPE>>ANY DEAL BETWEEN THE TWO COUNTRIES HAS GOT TO BE AN AMERICAN INTEREST. WITHOUT ANY QUESTION. AND IT HAS GOT TO INCLUDE IP THEFT, IT HAS GOT TO INCLUDE CHANGES AND OWNERSHIP, IT HAS GOT TO STOP THE FORCE TRANSFER ARE OF TECHNOLOGY AND GO TO ZERO TARIFF AND ZERO NONTARIFF BARE YES AND ENFORCEABILITY AND GOT TO HAVE STRICT TIMETABLE. IT HAS TO HAVE FRANKLY MORE THAN WE’VE SEEN — SO FAR.>>HOLD ON A SECOND STEVE WE JUST HEARD THIS MORNING THAT PETER NAVARRO SUPERHARDLINE IS NOT GOING TO BE MEETING WITH XI JINPING HARD LINE OFF THE TABLE. BIG DEAL?>>I THINK THAT’S PROBABLY LOOK I LIKE FEATER PERSONALLY I DON’T AGREE, HE TAKENS HARD LINE WITH WITH CHINA AND FACT THAT HE’S NOT GOING TO BE AT THE NEGOTIATING TABLE PROBABLY HELPS GET A DEAL DONE. NOW DO I THINK A DEAL WILL GET DONE WHEN IS THIS NEXT WEEK? NEXT COUPLE OF WEEKS. 30TH — LOOK, I STILL DON’T KNOW HOW OR PA APART PEOPLE ASK ME WHEN WILL THE DEAL GET DONE? THE BALL IS IN BEIJING COURT AND TRUMP HAS VERY SERIOUS CONCERNS ABOUT THE WAY CHINA IS BEHAVING WITH RESPECT TO YOU KNOW YOU HEARD LARRY KUDLOW THEY’RE STEAM LINING PROPERTY AND NOT OPENED UP MARKET THEY DO CHARGE US HIGHER THAN WE TO THEM THEY NEED A LEVEL PLAY FIELD.>>A LONG TIME BEFORE THE DEAL.>>YOU KNOW THE BIG STORY THE PEOPLE AREN’T COVERING IS THAT FACT THAT CHINA’S ECONOMY IS IN BIG TROUBLE RIGHT NOW. THEY HAVE — THEY’RE, YOU KNOW, THEY’RE GROWTH RATE HAS BEEN CUT IN HALF AND STOCK MARKET DOWN BY 20% THE QUESTION STUART IS WHAT IS THEIR PAIN THRESHOLD WHEN DO THEY SAY WE’LL DO THIS?>>I’M GOING TO SAY — IN THE 6 MONTHS OR SO — . SIX MONTHS OR SO. ALL RIGHT STEVE THANK YOU.>>WHEN THAT WHATS MARKETS GOING TO 30,000. THAT WILL — THAT WILL BE LIKE BOTTLE FOR THANKSGIVING SHAKING UP AND

Comments (9)

  1. 8 inventions the US stole from the Europeans and Germans :
    Guided Weapons
    Long-Range Missiles
    Airborne Units
    Helicopters
    Rockets
    Methamphetamine
    Jet power
    Night Vision

  2. America doesn't have a cultural reputation of theft", like bitch, you thrive from theft.
    you got free labor for hundreds of years! and somehow acquired a land. Some of the worst robbery in history!

  3. U dream on! We rather starve to sign the deals u listed, and we are not even gonna to be starved, china is doing business with countries all around the world!! China reduce poverty by 40 millions a year, trump increase poverty by 10 millions, whos gonna listen to u!

  4. On a Fox News Network it's possibly a negative thumbnail so of course you get trolls right off the bat hoping for the news that the economy is falling that shows you how stupid Millennials are that they're willing to laugh their future away

  5. The one economic doomsday guy says in 3yrs we will see a recession like never before. Apocalypse kind of stuff. 🤔

  6. This propaganda channel,….  aka  The FIX-Is-In network, does not use facts or reality.  a child can easily fact check this entire network for a joke, what's your excuse ?

  7. The Trump recession is coming. Don't listen to this charlatan.

  8. Hahahahaha…yes the same talking heads were all saying that just before the 2008 economic collapse too.

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