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Lawrence Kudlow: Falling gold prices are a good thing
Lawrence Kudlow
Published: Wed, Apr 17, 2013
In the last two days, gold has plunged so deep that it's being called the worst drop -- at least in percentage terms -- in 30 years. That brings us back to the early Ronald Reagan period, when falling gold was regarded as a good thing. Back then, lower gold showed inflation coming down after...
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Is Bernanke right after all?
Lawrence Kudlow
Published: Fri, Mar 22, 2013
The most important point in Ben Bernanke's Wednesday press conference was the announcement that the Fed will adjust the amount of monthly bond purchases according to economic conditions. In other words, an improving economy with stronger payrolls and lower unemployment could lead to a decline in...
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Lawrence Kudlow: Sequestration is good for the economy
Lawrence Kudlow
Updated: Mon, Mar 4, 2013
President Obama may be backing away from his doomsday spending-cut predictions as the sequester goes into place. But the new party line is that while there will be no impact in the first few days, there'll be a slow, downward slump after that. What, are we to believe that lower spending and...
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Lawrence Kudlow: There is no global currency war
Lawrence Kudlow
Published: Wed, Feb 13, 2013
All this chatter about a so-called global currency war is utter nonsense. All that is happening is the Japanese are wisely taking steps to increase liquidity and depreciate their vastly overpriced yen. They are doing this in order to avoid deeper and deeper deflation. That deflation will sink...
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Sequetration will be good for the economy
Lawrence Kudlow
Published: Wed, Jan 30, 2013
Today's report of a 0.1 percent gross domestic product decline for the fourth quarter came as a surprise to most forecasters. But it actually masks considerable strength in the private economy. Namely, housing investment in the fourth quarter jumped 15.3 percent annually, business equipment and...
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Lawrence Kudlow: Obama's declaration of collectivism
Lawrence Kudlow
Updated: Fri, Jan 25, 2013
One of the least remarked upon aspects of President Obama's inaugural speech was his attempt to co-opt the Founding Fathers' Declaration of Independence to bolster his liberal-left agenda. Sure, the president quoted one of the most important sentences in world history: "We hold these truths to...
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Stock markets calm ahead of fiscal cliff
Lawrence Kudlow
Published: Wed, Dec 12, 2012
Despite all the media hullabaloo about the fiscal cliff and a potential recession if none of the Bush tax cuts are extended, stock markets have behaved calmly throughout this whole period. I'm going to guess that stocks, in their wisdom, are correctly sniffing that there will be no calamitous...
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