|
Ok I looked at Kudlow. Much of what he says seems reasonable. However if wages are growing at 5.2% pa with unemployment so mild (due to the birth death adjustment being overstated at such times) then look to interest rate rises to quell such inflated gains when inflation is so low. What happens to the profits and market then? Or if they are lowered what happens to the $? Oh what the heck print more money.
|