CONTRIBUTOR
REGIONAL PERSPECTIVES / NATIONAL IMPACT
Larry Kudlow
Member For
25 weeks 3 days
BIOGRAPHY
Lawrence Kudlow anchors CNBC's "The Kudlow Report" (7-8 pm ET) and co-anchors CNBC's "The Call," (11-12 pm ET) with Melissa Francis and Trish Regan. He is also the host of "The Larry Kudlow Show" on WABC Radio on Saturdays from 10:00 a.m. to 1:00 p.m.
Kudlow is a nationally syndicated columnist and also hosts his own blog. He is a contributing editor of National Review magazine, as well as a columnist and economics editor for National Review Online. He is the author of "American Abundance: The New Economic and Moral Prosperity," published by Forbes in January 1998.
He is a Distinguished Scholar of the Mercatus Center at George Mason University in Arlington, Virginia.
Kudlow is CEO of Kudlow & Co., LLC, an economic research firm.
For many years Kudlow served as chief economist for a number of Wall Street firms. He was a member of the Bush-Cheney Transition Advisory Committee. During President Reagan's first term, Kudlow was the associate director for economics and planning, Office of Management and Budget, Executive Office of the President, where he was engaged in the development of the administration's economic and budget policy.
He is a trusted advisor to many of our nation's top decision-makers in Washington and has testified as an expert witness on economic matters before several congressional committees. He has also presented testimony at several Republican Governors Conferences.
Kudlow began his career as a staff economist at the Federal Reserve Bank of New York, working in the areas of domestic open market operations and bank supervision.
Kudlow was educated at the University of Rochester and Princeton University's Woodrow Wilson School of Public and International Affairs. He is an avid tennis player and golfer. He and his wife Judy live in New York City and Redding, Connecticut.
COMMENTARIES
Obama's Health Care Gaffes are Mounting
By Larry Kudlow | 08/12/09
It’s hard to know why President Obama said what he said at Tuesday’s health-care town hall in New Hampshire. He actually stated, “If you think about it, UPS and FedEx are doing just fine. It’s the Post Office that’s always having problems.” Oops. Freudian slip? Subliminally speaking, was the president inferring that private health insurers are doing just fine? Government insurance is what’s... read more »
7 Comments | Related Topics »National |
Profits are the Mother's Milk of Business and the Economy
By Larry Kudlow | 08/11/09
There’s a lot of talk right now about big government saving America, either from a second Great Depression (according to economist Paul Krugman) or from a health-care meltdown (according to President Obama). Well, I don’t think big government saves us from anything. At the end of the day, it is economic freedom, market competition, and free enterprise that remain the great engines of American growth. The greatest source of stimulus... read more »
4 Comments | Related Topics »National |
Kudlow: Why I Support Extending "Cash for Clunkers" Program
By Larry Kudlow | 08/05/09
As a free-market capitalist who does not believe in artificial spending and pump-priming from Uncle Sam, I’m going to eat a little crow with the following statement: At this moment in history, if we’re going to use fiscal stimulus as Washington insists, I favor extending the cash-for-clunkers car rebate program. With the greatest respect for my conservative friends and colleagues who totally disagree with me, here’s why. In... read more »
9 Comments | Related Topics »National |
Rally Continues on Wall Street
By Larry Kudlow | 08/03/09
The new bull market continues to rally today, with stocks surging across-the-board. The Dow is up over 100 points at this writing, moving toward 9,300. The NASDAQ has pushed through the 2,000 level and the broad-based S&P 500 has run past the 1,000 mark with a 1.5 percent gain. This powerful summer rally adds to the early March rally, and it provides powerful new proof that we are in a genuine new bull market. My thesis remains that... read more »
Capitalism Pushing Back Against Obama's Central-Planning
By Larry Kudlow | 07/31/09
Let’s call this what it is: A new bull market in stocks has emerged from the ashes of the financial meltdown and the deep recession that followed. And it’s signaling the onset of economic recovery. Free-market capitalism is more durable, resilient, and self-correcting than its detractors would have us believe. This is not just a summer rally, although a 12 percent market rise since July 10 is absolutely splendid. There’s a lot... read more »
3 Comments | Related Topics »National |
Obama's Disastrous Press Conference Buoys Wall Street
By Larry Kudlow | 07/23/09
Hate to say it but Obama’s disastrous press conference last night is a big contributor to today’s roaring stock market. The Dow opened strong and is now up over 200 points, continuing a very bullish rally that is breaking new high ground for shares this year. Politics is not everything, but I believe that the shrinking probability of a new government insurance plan that would lead to nationalized health care -- along with the... read more »
2 Comments | Related Topics »National |
Stocks Rally, Obama's Numbers Fall
By Larry Kudlow | 07/20/09
The discouraging June jobs report published two weeks ago has been overtaken by some really positive leading indicators for the economy. Initial jobless claims have plunged in recent weeks. Housing starts are up, although modestly, for four straight months. And today, the Index of Leading Indicators (LEI) from the Conference Board provided the most bullish sign yet that the recession is ending. For the first time in four years the LEI is... read more »
3 Comments | Related Topics »National |
Costly Legislation Would Clobber U.S. Economy
By Larry Kudlow | 07/15/09
I agree with publisher Mort Zuckerman who recently wrote in the Wall Street Journal that subprime jobs numbers in the U.S. foreshadow continued economic weakness. But the stock market seems to disagree with both of us. Stocks are roaring ahead again today — up over 150 points — after holding the high ground yesterday and following Monday’s huge rally. Even a sub-par retail sales report didn’t stop retail stocks from... read more »
4 Comments | Related Topics »National |
Federal Spending Up 23% from Year-Ago Level
By Larry Kudlow | 07/14/09
Banks surged and stocks followed yesterday, mostly on the heels of high expectations for trading firm Goldman Sachs, which really is more of a hedge fund than a real bank. Last Thursday, I said banks are my favorite stock market sector. So I got it right one time in a row. With a steep upward Treasury curve, even a banker can make money borrowing at near-zero and lending at much higher rates. Deposits are flowing into the big banks.... read more »
4 Comments | Related Topics »National |
Government Policies Put U.S. Companies at Marked Disadvantage
By Larry Kudlow | 07/10/09
Are current government policies causing the U.S. to lose competitiveness in the global race for capital, prosperity, and growth? Fortune magazine recently reported that the number of U.S. companies in the world’s top 500 fell to the lowest level ever, while more Chinese firms than ever before made the list. Thirty-seven Chinese companies now rank in the top 500, including nine new entries. Meanwhile, the number of U.S. firms has... read more »
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