Pro-growth, strong defense, virtuous values, business, and stocks
Monday, December 15, 2008
Big Bullish Mustard Seed
Here's a big, bullish, mustard seed for the stock market and economy. LIBOR decreases despite Madoff scandal, etc. TED spread back to pre-Lehman bankruptcy levels. The market is pricing in a much lower level of credit risk. Liquidity is recovering.
Lawrence Kudlow is CNBC’s Senior Contributor. For many years, he was the host of CNBC’s “The Kudlow Report”. He is also the host of The Larry Kudlow Show, which broadcasts on Saturdays from 10am to 1pm ET on WABC Radio and is syndicated nationally by Cumulus Media. He is also a nationally syndicated columnist and a former Reagan economic advisor. CNBC's The Kudlow Report also airs on Sirius (ch.129) and XM (ch.127) weeknights at 7pm ET.