Larry Kudlow, July 2007:
If you ask folks on Wall Street what their biggest worry is, most will say it’s another 9-11. They rank another attack far ahead of passing sub-prime mortgage problems or wiggles in consumer spending…
I have long believed that stock markets are the best barometer of the health, wealth and security of a nation. And today’s stock market message is an unmistakable vote of confidence for the president.