• Kudlow Powers Stock Market Even Higher

    November 15, 2019
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    Remember Buy On The Rumor, Sell On The News

    Kudlow Power Stock Market Even Higher
    Larry Kudlow speaking at the 2016 Conservative Political Action Conference (CPAC) in National Harbor, Maryland
    Image by
    Gage Skidmore

    National Economic Council Director Larry Kudlow put gas on the equity fire today with comments on the possible conclusion of phase one of the trade deal with China.

    Kudlow declared that a deal between the two nations was approaching, highlighting constructive discussions with Beijing, reported CNBC.

    Retail sales increased 0.3% in October vs consensus estimate of 0.2%.

    We are watching a relentless rise for the equity markets in the face of a possible end to a portion of the tariffs mutually imposed by Washington and Beijing.

    Traders should remember the old saying, "Buy on the rumor, sell on the news."

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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