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John Lounsbury
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John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
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Global Economic Intersection
  • Kudlow: No Double Dip 5 comments
    Jun 10, 2010 7:41 PM

    I heard Larry Kudlow loudly proclaim on CNBC this morning: "I don't see a double dip recession."  Through a link from Barry Ritholtz at The Big Picture I was directed to a Kudlow blog post from June 8 with the same statement.

    Ritholtz also has a quote from December 7, 2007 where Kudlow proclaims that we are about to enter the seventh year (2008) of the Bush boom.  Of course, December 2007 turned out to be the first month of the Great Recession.

    Ritholtz entitles his post:  "Fair Warning". 



    Disclosure: No stocks mentioned.
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Comments (5)
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  • Mark Bern, CFA
    , contributor
    Comments (7354) | Send Message
     
    John - Very ominous, indeed! Kudlow as the ultimate contrarian indicator. Too funny! And yet, it does make good sense.
    10 Jun 2010, 08:07 PM Reply Like
  • The Last Boomer
    , contributor
    Comments (1063) | Send Message
     
    In all fairness, he said tonight that he was not bullish at all either.
    10 Jun 2010, 10:26 PM Reply Like
  • John Lounsbury
    , contributor
    Comments (4048) | Send Message
     
    Author’s reply » Boomer - - -

     

    Thanks for the comment. I never watch Kudlow in the evening. During the day he is part of my background music.
    10 Jun 2010, 10:28 PM Reply Like
  • Jeff Miller
    , contributor
    Comments (2083) | Send Message
     
    John -- Kudlow has been bearish both morning and evening. He is gearing up for the election.
    11 Jun 2010, 12:49 AM Reply Like
  • Paul Nelson
    , contributor
    Comments (225) | Send Message
     
    Who cares what Kudlow thinks?
    11 Jun 2010, 09:00 AM Reply Like
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