Markets rally as Trump plays down recession fears - business live

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Rolling coverage of the latest economic and financial news, as Donald Trump insists that America’s economy is doing ‘tremendously well’

The White House is also considering cutting taxes to spur growth, and perhaps also shore up electoral support. Donald Trump’s top economic advisor, Larry Kudlow, told Fox News that tax cuts for the middle class are still on the table, and could even be funded through the trade war with China. Kudlow , said: “Tax cuts 2.0. We are looking at all that.

 

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The guys probably making money today are the ones selling their shares at inflated prices steering money into other vehicles.

He also said that by next year, he’d have a cure for childhood cancer.

Are the Markets that stupid? They believe Trump?

Funny how the guardian isn’t reporting on how well the American economy is doing. In fact it’s better than it ever was and absolutely booming. Employment levels are probably the highest they’ve ever been and manufacturing is crashing through the ceiling. Strange that isn’t it

A fucking failed casino owner, a business set up to make money

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