Kudlow: 'There's no recession on the horizon'
Via Billy
White House economic adviser Larry Kudlow on Sunday sought to allay fears of an economic downturn, saying, “I don’t see a recession at all.”
The White House adviser demurred when asked by “Fox News Sunday” guest host Dana Perino whether the Trump administration is considering concrete steps to stave off a potential recession after short-term U.S. Treasury bonds last week fell below yields for longer-term bonds. The development, which can signal a forthcoming recession, sparked the worst single-day losses for stocks of 2019.
Source: https://freenorthcarolina.blogspot.com/2019/08/kudlow-theres-no-recession-on-horizon.html
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