Meet the new flu, same as the old flu, except it spreads faster and more easily the dow gaining 116 points,. 47 , and the nasdaq. 87 , record highs. But you know what, you know where the real action was, it was in the highest of flyers and the basis of speculative stocks. Thats what withe need to focusn partly because of the coronavirus and the old guys will say, this is the top i dont think that but im giving them their due what am i talking about, Virgin Galactic, plug power, and countless others that have become the darlings for younger investors. Look at my twitter feed. Read reddit, rather than reading the register for the news hour. Speculation, i think its good, even essential, essential to speculate on stocks, just part of your discretionary market youve got the retirement money, of which is completely wrong to speculate on, then you have a mad money portfolio, a group of stocks, within that group of stocks, you can have speculative stock. One or two i wont try to talk you out
American shoppers havent gotten the negative memo. They are supposed to be worried about trade tensions and the Global Economy or perhaps brexit if they knew what it was, apparently not this is a crazy day as the dow dipped and nasdaq lost. 43 . We started the session with that sharply better than expected retail sales figure, just an eye opener the numbers are good and makes you feel like there is no way in hell we could be near a recession and at the same time we got a remarkable set of results from jp morgan, the nations largest bank and by the way, so is the data about the consumer when i finish the jp morgan call, which was really terrific, by the way, and what citi group told us yesterday, it made me feel like we were in a bizarre situation where the consumer spending, not taking too much credit paying it off on a regular basis. It was one of those building and loan moments from its a wonderful life not the timeline where george kills himself and potter takes over thats the 2009
writing a book about your time in the trump administration? larry: i don t have anything planned at the moment. i m very busy, i m loving life. never say never, but not at the moment, i don t. host: how may jobs do you have? how many jobs do you have? larry: there s a foxbusiness show every day, if i could plug that, 4:00 to 5:00 p.m. that s the bulk of what i do. i do a lot of different segments for ftm and fox news. i did one this morning on fox and friends. i do a radio show every saturday morning for three hours. a national radio show. that runs here on wabc radio. we are livestreamed and syndicated. and i also do i write op-ed pieces to much constantly. some informal political consulting with my friends on policy. pretty much anybody who asks. so i am a busy camper. i m a grateful camper. life after the white house has been terrific. it s a real blessing. host: this is your second stint in the white house. the first being? larry: just a few years ago 40 years ago.
Power lunch tarts right now. Intellectual leadership has been in the has here. Hes looking for ideas that good day, welcome everybody your money just keeps on growing, the dow, the s p, the Nasdaq Record highs yet again. Day after day, the s p and nasdaq have not ended on a down day. Work. So far this year bob pisani is at the nyse smallcap stocks also joining with the staggering stats and look at what is at stake for what will be a very big earning the party today at least same goes on for transports, up about a third of a percent season you would think it was time for a pause, and six straight up the tenyear spiking well above days we have some amazing statistics. At the close yesterday but wait a minute, its going to be even better well get you the numbers in a 2. 5 that is the highest left for few moments. With the winning. Crude since early may of three ec, thanks, robert, my old years ago, 2015. Producer for those stats im concerned about really high expect ache. The numbers are
Host larry kudlow, will you be writing a book about your time in the Trump Administration . Larry i dont have anything planned at the moment. Im very busy, im loving life. Never say never, but not at the moment, i dont. Host how may jobs do you have . How many jobs do you have . Larry theres a foxbusiness show every day, if i could plug that, 4 00 to 5 00 p. M. Thats the bulk of what i do. I do a lot of different segments for ftm and fox news. I did one this morning on fox and friends. I do a radio show every saturday morning for three hours. A National Radio show. That runs here on wabc radio. We are livestreamed and syndicated. And i also do i write oped pieces to much constantly. Some informal Political Consulting with my friends on policy. Pretty much anybody who asks. So i am a busy camper. Im a grateful camper. Life after the white house has been terrific. Its a real blessing. Host this is your second stint in the white house. The first being . Larry just a few years ago 40 years