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Apr 11, 2024
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larry: i just want to about back, reading -- you read larry lindsey. brilliant economist. great fun to read larry lindsey. old friend, dear friend. he has not only changed his mind, he thinks -- i don't choir what the forward futures people are wrong, they have been wrong for 300 years, they will be wrong this year. now they're moving it to september. he reminded us, larry lindsey, give him full credit, janet yellen who has been a poor treasury secretary but a pretty good fed chair, she tightened, raised the fed funds rate right after the election in 2016. in fact the fed meeting was in december and she raised the fed funds target. i think she raised it a couple more times in 2017 because inflation pressures were going. i'm suggesting, brian brenberg, i will start with you, that jay powell is reading that playbook, okay? that, not only will there be no rate cuts but they may have to raise rates once or twice after the election? >> let me say this. larry: long shot maybe but -- >> that would be, this is sort of a watershed moment right now. you will go one of two-ways. if y
larry: i just want to about back, reading -- you read larry lindsey. brilliant economist. great fun to read larry lindsey. old friend, dear friend. he has not only changed his mind, he thinks -- i don't choir what the forward futures people are wrong, they have been wrong for 300 years, they will be wrong this year. now they're moving it to september. he reminded us, larry lindsey, give him full credit, janet yellen who has been a poor treasury secretary but a pretty good fed chair, she...
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Apr 18, 2024
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. >> now 80 on oil, larry lindsey writes given take note what jay powell said given strength of the labor market progress on inflation so far, it is appropriate to allow restrictive policy further time to work, let data voluntarilying outlook guide us said fed chair. >> restrictive policy needs more time to work it is not restrictive right now we are at 5 1/2% fed funds rate the index bloomberg financial conditions index monetary policy loose as loose today as they were at depths of the pandemic when interest rates were zwer everyone having stimi checks in their mailbox. >> larry lindsey says action comments from powell not reflective of a single rate cut postponed it signal permanently off the table wells fargo investment senior global strategist scott is rate cut off the table. >> we've got two cuts penciled in if i had to guess would be september, december, but certainly if we're wrong on that projection there is fewer cuts you can you can make a rational argue zero cuts cpi going to see self 3% prints on headline cpi later this year, but it is going to be tough to get it below this ye
. >> now 80 on oil, larry lindsey writes given take note what jay powell said given strength of the labor market progress on inflation so far, it is appropriate to allow restrictive policy further time to work, let data voluntarilying outlook guide us said fed chair. >> restrictive policy needs more time to work it is not restrictive right now we are at 5 1/2% fed funds rate the index bloomberg financial conditions index monetary policy loose as loose today as they were at depths of...
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Apr 25, 2024
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larry lindsey wrote about it. the gini coefficient shows inequality fell under trump. let me repeat that inequality fell under trump. it's the first time, what did lindsey say in 40 years such a thing has happened. joe biden does not understand it. those folks those working folks the non- rich folks have benefited under trump and that you're in for the trump days. that's all i'm saying. gini coefficient means inequality it fell under trump. it has been rising under biden. >> exactly the opposite of what joe biden says. he keeps talking about it middle our expansion this is a middle squeeze we have seen. the number i like to use on your show it's true it comes in the census bureau is $6000 per household increase in income under trump that is a giant number $6000 of additional purchasing power it is down by $2000 under biden. i'm with michael why while the expected growth? i'm surprised were going to 1.6 frankly. where's it going to come from you have higher taxes. michael is right. now is the burden of regulation is about $3 trillion on top of five or $6 trillion of tax
larry lindsey wrote about it. the gini coefficient shows inequality fell under trump. let me repeat that inequality fell under trump. it's the first time, what did lindsey say in 40 years such a thing has happened. joe biden does not understand it. those folks those working folks the non- rich folks have benefited under trump and that you're in for the trump days. that's all i'm saying. gini coefficient means inequality it fell under trump. it has been rising under biden. >> exactly the...
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Apr 11, 2024
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in first quarter according to la larry lindsey. >> all things you have to buy. larry: how much is that. >> up 22%. since 2001. -- wages up last year up 3. 90%, it is outpacing cpi . larry: brian, you think that fed will cut? >> i don't think so, i don't think so, i hear what you say on politics of it, but the data does not support it. and i think they will have a very hard time saying we'll go ahead with this biden will hate it. this is going to happen biden said we will get a cut, watch what e elizabeth warren and bernie sanders are doing, they are the mo on mouth piece, they will call for the cuts so hard. >> that will make it so hard to make the cuts. they would be woke wienie dummies. >> powell will say we're not cutting. larry: taylor riggs said this. j. powell new favorite thing, core services, x-rents. up 8. 2%. the other measures up 4 1/2%. market price indicators, remember that, gold up, crb . you goldman sachs, that stuff is booming bond rates are rising. a savvy investor? >> look at financial assets, bitcoin, gold, stocks, credit spreads are tight at
in first quarter according to la larry lindsey. >> all things you have to buy. larry: how much is that. >> up 22%. since 2001. -- wages up last year up 3. 90%, it is outpacing cpi . larry: brian, you think that fed will cut? >> i don't think so, i don't think so, i hear what you say on politics of it, but the data does not support it. and i think they will have a very hard time saying we'll go ahead with this biden will hate it. this is going to happen biden said we will get a...
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Apr 12, 2024
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there's a nonzero probably our dear friend larry lindsey w riting back in 2016 it when janet yellen was fed chair, she raised rates, raised rates right after the election at the december meeting and so the question, kevin, is might history repeat itself and tough for them to raise rates and biden was out yet, and i think he may have repeated to today. he expects the fed to cut rates and he just didn't know what month. but maybe they'll weight but the next move might be higher rates after the election. >> especially if trump wins. i think that rate hike, i think president trump always felt like janet yellen bees partisan at the fed and one reason not to reappoint her and in retrospect, she probably was. what the fed should do is ignore politics and look at data. if you do that, hike, not cut and really nothing i can see in the data that would lead to rate reductions unless something like a black swan event like middle east cot way, way worse and it turned into a really hot war between israel and iran or something. if that were to happen, markets would drop 20, 30% and then the fed probab
there's a nonzero probably our dear friend larry lindsey w riting back in 2016 it when janet yellen was fed chair, she raised rates, raised rates right after the election at the december meeting and so the question, kevin, is might history repeat itself and tough for them to raise rates and biden was out yet, and i think he may have repeated to today. he expects the fed to cut rates and he just didn't know what month. but maybe they'll weight but the next move might be higher rates after the...
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Apr 29, 2024
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larry lindsey from the lindsay group writes in this morning: the fed's life being made more difficult by the decision of japanese authorities to allow the yen to slide to historically low levels rather tap than bring forward any further rate hikes. although the doj did end its negative interest rate policy, it left its effective overnight rate at just 5 basis points. what do you make of this plummeting of the japanese if yen overnight? -- yen overnight? >> it was interesting. there was a plummeting, and then we saw a are reversal on the speculation there's been some intervention. this level is very, very important. and what i expect is the federal reserve's job is not going to be made easier by the japanese yen, but at the same time if we just look at what's happening here in the united states, when we have is fiscal spending that is very much out of control, and we have a is situation to where consumers are really struggling, there's just not a really good peace for the fed to go. that's why we believe stagflation is here, it's going to get worse, and the federal reserve is not going
larry lindsey from the lindsay group writes in this morning: the fed's life being made more difficult by the decision of japanese authorities to allow the yen to slide to historically low levels rather tap than bring forward any further rate hikes. although the doj did end its negative interest rate policy, it left its effective overnight rate at just 5 basis points. what do you make of this plummeting of the japanese if yen overnight? -- yen overnight? >> it was interesting. there was a...
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Apr 25, 2024
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larry lindsey wrote about it, but this genie coefficient inequality fell under trump. let me repeat that, inequality fell under trump. it's the first time, what did lindsay say in 40 years such a thing has happened. joe biden doesn't understand it. and in fact those folks, those working folks, those non-rich folks benefited under trump and they yearn for the trump days. that's all i'm saying. genie coefficient means inequality. it fell under trump. it has been rising under biden. >> yeah, exactly the opposite of what joe biden says. he keeps talking about a middle out expansion. no, this has been a middle squeeze we've seen. the number i like to use on your show because it's true, it comes from the census bureau, is a real 6,000-dollar per household increase in income. larry: right. >> under trump. that is giant number. $6,000 of additional purchasing power. it is down by about $2,000 under biden. i'm with michael. why would we expect growth? i am surprised we get 1.6 frankly. where will the growth come from, with higher taxes, michael is right. now the burden of regul
larry lindsey wrote about it, but this genie coefficient inequality fell under trump. let me repeat that, inequality fell under trump. it's the first time, what did lindsay say in 40 years such a thing has happened. joe biden doesn't understand it. and in fact those folks, those working folks, those non-rich folks benefited under trump and they yearn for the trump days. that's all i'm saying. genie coefficient means inequality. it fell under trump. it has been rising under biden. >> yeah,...
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larry: we could not get her to come on. most republicans will equipment out aga -- come out gains it. >> as they did with federal ban. lindsey graham floated around we should have a federal law that is suicide at-this-point. larry: you will never get, look, you will never get 60 votes for a new federal law. in this u.s. senate. >> you wouldn't get 50 in this u.s. senate. larry: not happening. >> no, and trump said in past to mo mark's point, he did favor 15 week, beyond first trimester, when you talk about abortions polling changes, after that, they say, wait, that is where we're uncomfortable with this. larry: i am saying, not to take off after you, but he trump position has been negotiating, and but now he says let's push it back to the state. in truth, it does not matter, nothing will happen in the u.s., even if gop picks up 4 seats ul not have 60 votes and democratic position, is -- biden said he wants to go back to roe v. wade, he does not he wants to go beyond that, he wants to go to late term abortions to places wher
larry: we could not get her to come on. most republicans will equipment out aga -- come out gains it. >> as they did with federal ban. lindsey graham floated around we should have a federal law that is suicide at-this-point. larry: you will never get, look, you will never get 60 votes for a new federal law. in this u.s. senate. >> you wouldn't get 50 in this u.s. senate. larry: not happening. >> no, and trump said in past to mo mark's point, he did favor 15 week, beyond first...
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larry: we invited her on. we couldn't get her to come. i'm assuming most republicans come out against this. >> as they did the federal ban. lindsey graham, said we should have federal ban. politically that is suicide. larry: you will never get, you will never get 60 votes for a new federal law in this u.s. senate. >> you wouldn't get 50 votes in this u.s. senate. larry: it is not going to happen. >> it is not. trump had said in the past to mark's point earlier he did favor a 15 week, in other words, beyond the first trimester, when you talk about abortions polling changes drastically. people are comfortable 15 weeks, basically one tripolicer, after that, that is where we're uncomfortable with this i think he landed in the right spot. larry: i think he did too, i'm saying. i'm just saying not to take off after you, my friend, trump position has always been to negotiate. now he said let's push it back to the states because in truth it doesn't matter. nothing is going to happen in the u.s. even if the gop picks up three or four seats you wil
larry: we invited her on. we couldn't get her to come. i'm assuming most republicans come out against this. >> as they did the federal ban. lindsey graham, said we should have federal ban. politically that is suicide. larry: you will never get, you will never get 60 votes for a new federal law in this u.s. senate. >> you wouldn't get 50 votes in this u.s. senate. larry: it is not going to happen. >> it is not. trump had said in the past to mark's point earlier he did favor a...
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larry: om ne omnibus is bad and mini bus is bad. cory mills, another thing floating around from lindsey graham and donald trump. the -- loan. what do you make of loan idea? >> i don't like the lend, lease program they had before, senator graham mentioned he wants language on loan, meaning it could be withdrawn or deferred. at 35 trillion dollars in deficit we'll spend next year more in servicing our interest than our entire budget for national defense, hundreds of thoses have died under joe biden with the open borders. we have known terrorist watch lists coming to u.s. and north and south all things that senator blackburn was talking about with regards to angel families that are adding up like laken riley, we need to think about our own borders and own economic prosperity before we start throwing out money to areas are where you have for example eu has 190 million dollars in frozen russian assets they can utilize, this area can be used, if not an offset or paid for. like we put forward in israel package, even the unused covid fundin
larry: om ne omnibus is bad and mini bus is bad. cory mills, another thing floating around from lindsey graham and donald trump. the -- loan. what do you make of loan idea? >> i don't like the lend, lease program they had before, senator graham mentioned he wants language on loan, meaning it could be withdrawn or deferred. at 35 trillion dollars in deficit we'll spend next year more in servicing our interest than our entire budget for national defense, hundreds of thoses have died under...
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larry: on any bus is bad, minibus is bad. this is what it is. i think that is an important point. cory, one other thing floating around from lindsey graham and also donald trump is the aid to ukraine in the form of a 60 billion-dollar loan. you know, if they succeed they will pay it back. if they don't succeed it will be gone. what do you make of the loan idea? >> well, i don't like the lend lease program they had established before but if you actually look at the details, senator lindsey graham also stated he want the language on the loan that says it want be withdrawn or deferred, meaning that he is basically going ahead utilizing the premise of it being a loan with the intended of being free money. at $35 trillion in deficit we'll spend next year more in servicing our interest then we'll spend for of the entire annual budget of our national defense. we have hundreds of thousands who have decided under joe biden with open borders. we have 178 plus countries and 400 plus people on known terrorist watch list coming in from the u.s. north and south. all the things that marsha black
larry: on any bus is bad, minibus is bad. this is what it is. i think that is an important point. cory, one other thing floating around from lindsey graham and also donald trump is the aid to ukraine in the form of a 60 billion-dollar loan. you know, if they succeed they will pay it back. if they don't succeed it will be gone. what do you make of the loan idea? >> well, i don't like the lend lease program they had established before but if you actually look at the details, senator lindsey...