Larry Kudlow responded to Trump’s victories before his inauguration

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Donald Trump’s red-hot honeymoon continues on a roll and this is the subject of the riff. Trump has successfully convinced the Senate Republicans to go with a big beautiful bill strategy – to get Tax reductionborder closures, energy production and government cuts of the DOGE brothers.

So, the blue-collar rise to make good on Mr. Lay can really start this year. Trump’s promises The Coalition for the Working Class. He’s got his eye on a universal tariff that could add up to $500 billion a year. Republican House Speaker Mike Johnson is pulling together a pretty big coalition to pass the reconciliation bill.

CEOs who previously opposed Trump are now pouring a million bucks or more into Trump’s inauguration. Meta’s Mark Zuckerberg has ended censorship on Facebook and Instagram, and Zuckerberg and Amazon’s Jeff Bezos are both ending DEI.

According to LinkedIn, these are the fastest growing jobs in the US.

The major Wall Street banks have all fled the sleepy climate net-zero ESG alliance. A sympathetic Judge Mercan and an equally sympathetic DA Bragg gave Trump an “unconditional discharge.” Every other armed legal action against Trump has been dismissed.

An appeals court blocked any reports from Jack Smith or Merrick Garland — at least for now. Vladimir Putin wants to meet with Trump. Xi Jinping is sending a messenger to his inauguration and Mr Trump is preparing a flood of new executive orders to reverse Joe Biden’s big government control socialism.

On January 20, to name a few, we expect: Stay in Mexico, end arrest and deportation, deportations, and illegal immigration flights.

Additionally, ending the EV mandate, reversing the offshore drilling ban for fossil fuels, reopening ANWR and ending the LNG export ban. In practice, Mr. Trump It’s stalling the Biden administration, and even its ill-advised policies and today’s jobs report — which surprised Wall Street head on — are being said by some as further proof of the “Trump effect.”

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Given the big boost in small business confidence since the election, the start of December’s job gains could be tied to the president’s upcoming growth agenda. Meanwhile, financial markets are throwing a tantrum at Federal Reserve Chairman Jay Powell because he and his PhDs got interest rates and economic history wrong — yet again.

The Fed cut rates, but the market raised them. That’s called a sign of confidence, but the most confident person today is Donald J. That’s the riff.

This article was adapted from an editorial by Larry Kudlow in the January 10, 2025, issue of “Kudlow”.

2025-01-10 22:45:12
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