LARRY KUDLOW: The American stock market loves the Trump tale

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FOX Business host Larry Kudlow unpacks 'the greatest political comeback in American history' after former President Trump escaped his brush with death.

Trump and Caterpillar having a huge rally and that's the subject of the riff. Suddenly, stock markets are mounting a huge spiking rally and I have to believe it has something to do with Donald Trump’s providential escape from an assassin’s bullet. Today, the Dow is up over 700 points, yesterday over 200 points. I don’t think this is a coincidence. Stock markets are frequently forecasters of the outlook for the health, wealth and welfare of the American economy.

People benefitting from lower taxes and getting rid of thousands and thousands of pages of onerous, burdensome red-tape paperwork. Think of farmers who don’t know a thing or couldn’t care less about something called DEI — diversity, equity and inclusion. CAT, farmers, manufacturing — is a wake up at dawn and work your tail off all day meritocracy. Think about smaller businesses, now booming on the hopes of tax cuts and deregulation.

 

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