LARRY KUDLOW: Recession risk grows larger and stocks are getting clobbered
Posted on AllSides August 5th, 2024
From The Right
larger and stocks are getting clobbered. Investors who were irrationally exuberant only a few weeks ago, are now running for the hills. Stocks are getting clobbered with the Dow down 2,000 points the last three trading days. There may also be some politics to this story, as chameleon Kamala Harris is polling better than Joe Biden was, as low a bar as that may be, but no matter what she says, we know she hates business. The real meat and potatoes of the stock slamdown is rising unemployment, coupled with...