Larry Kudlow reacts to Trump's victories before the inauguration



Donald Trump's hot honeymoon continues, and that's the riff. Trump has successfully convinced Senate Republicans to go along with his bill's grand strategy — to get Tax reductionclosing the borders, producing energy and shrinking the government by the DOGE brothers.

So, the blue-collar boom could really take off this year, so it could well take over from Mr. Trump's promises To his working class coalition. He is eyeing global tariffs that could raise $500 billion a year. House Republican Speaker Mike Johnson is putting together a big, beautiful coalition to pass the reconciliation bill.

CEOs who have opposed Trump in the past are all investing $1 million or more in Trump's inauguration. Mark Zuckerberg meta-censored Facebook and Instagram, and Zuckerberg, along with Amazon's Jeff Bezos, both ended DEI.

LINKEDIN SAYS THESE ARE THE FASTEST GROWING JOBS IN THE US

Wall Street's big banks have all fled the climate-awakened pure ESG alliance. The pathetic Judge Merchan and the equally pathetic de Bragg gave Trump an “unconditional pardon”. Every other gun lawsuit against Trump has failed.

An appeals court just blocked any Jack Smith or Merrick Garland reports — at least for now. Vladimir Putin wants to meet Trump. Xi Jinping is sending an envoy to his inauguration, and Mr. Trump is preparing a flood of new executive orders to topple Joe Biden's grand regulatory socialism.

To name a few that may be announced on January 20th, we expect: staying in Mexico, ending arrest and release, deportation, and ending illegal immigrant flights.

Plus, ending the electric car mandate, lifting the ban on offshore drilling for fossil fuels, reopening ANWR and ending the LNG export moratorium. in fact, Mr. Trump It's winding down the Biden administration, and its misguided policies and even today's jobs report — which surprised Wall Street to the upside — are being cited by some as further evidence of the “Trump effect.”

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Given the massive jump in small business confidence that occurred immediately after the election, some of December's job gains may be due to the incoming president's pro-growth programs. Meanwhile, financial markets are raging at Fed Chair Jay Powell because he and a bunch of his Ph.D.s have confused interest rates and the economic story.

The Fed lowered interest rates, but the market raised them. Call it a sign of lack of confidence, but the man with the most confidence right now is Donald J. Trump. This is the riff.

This article is adapted from Larry Kudlow's opening commentary in the January 10, 2025 edition of “Kudlow.”



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