Home Larry Kudlow Praises U.S. Economy Growth, Claims Not To Expect Much From China
Stocks

Larry Kudlow Praises U.S. Economy Growth, Claims Not To Expect Much From China

Max Moeller

As you may know, the United States and China have been in a bit of a trade war thanks to the United States President Donald Trump and Chinese President Xi Jinping. The two are looking to meet next week to talk about regulations and changes. However, one analyst, Larry Kudlow, says we shouldn’t hope for much.

Kudlow says not to expect anything huge

Speaking on “Squawk on the Street” on CNBC, Kudlow, the director of the National Economic Council, says that he “wouldn’t expect any grand deal.” Kudlow continues, saying that while speaking to his “negotiators,” he believe’s that “they’re going to reset the stage and hopefully go back to where the talks left off last May.” Of course, the expert is referencing the end of communication between China and the United States in which the latter increases tariffs on billions worth of imports from the former. China then retaliated, which is unfortunate considering that talks “were doing well then” according to Kudlow.

Kudlow
Related: Check out our top mobile banking apps for 2019

That said, this Monday, a United States trade delegation will fly to China this Monday to continue discussions. This news comes to us shortly after learning that both Presidents agreed to continue talks again at G-20 last month. As of now, the director says IP theft and technology transfers are the most important discussions to have.

With Kudlow’s comments, the Dow Jones Industrial Average is day trading “just above the flatline” reports the publication.

On top of this Kudlow spoke positively about the United States economy after recent reports. According to him, the economy under Trump grew 2.1% last quarter, which is higher than predicted. The analyst credited this upward shift to the consumer, calling them the heroes of the economy, having contributed to “explosive economic growth.” That and Kudlow also called this growth “almost a miracle” considering the Federal Reserve raising rates last year.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission on real stocks

Rating

64 traders signed up today

Visit Now

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account

Max Moeller

Max Moeller

Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend. LinkedIn: https://www.linkedin.com/in/maxwell-moeller-912044b4/