Tag: arthur laffer

Art Laffer: US is ‘bright light’ in world economy

Art Laffer: US is ‘bright light’ in world economy

THIS IS THE ADP REPORT ABOUT IT WAY. HERE NOW IS ART LAFFER, FORMER REAGAN ADVISOR, CHAIRMAN OF LAFFER ASSOCIATES. WHAT DO YOU MAKE FIRST OF ALL OF THIS NUMBER AND WHAT DOES IT TELL YOU ABOUT THE BIG GOVERNMENT JOBS NUMBER COMING LATER?>>HI, MELISSA. I DON’T TAKE THIS NUMBER VERY SERIOUSLY AT ALL. LOOKS

Art Laffer weighs in as recession indicator sparks fears

Art Laffer weighs in as recession indicator sparks fears

SINCE 2007, SENDING A POTENTIAL ALARM FOR RECESSION. REAGAN ECONOMIST ART LAFFER. TYPICALLY ON AVERAGE THE STOCK MARKET PEAKS 18 MONTHS AFTER INVERSION. ECONOMY PEAKS 22 MONTHS AFTER INVERY. NOT NECESSARILY RECESSION AFTER THE CORNER. SOME ARE SAYING NOT NECESSARILY WILL BE RECESSION AT ALL THIS TIME?>>I DON’T SEE ANY REASON FOR RECESSION RIGHT NOW

Art Laffer: US is the beacon of hope in global economy

Art Laffer: US is the beacon of hope in global economy

MARKET BACK A LITTLE BIT. THANKS, JACK. LET’S CONCENTRATE ON INTEREST RATES. THE YIELD ON THE 10-YEAR TREASURY NOW AT 1.65%. AS WE SAID AT THE START, IT WAS 1.61. SORRY ABOUT THAT. WE’VE BEEN ALL OVER THE PLACE. ASHLEY: ACTUALLY, 1.62. BOUNCED BACK FROM 1.59. STUART: LOWER 1.60s. WE CAME IT WAS 1.70. NOW