Kudlow: Tech Stocks Still 'Ain't Bad', Even With Correction
*By Carlo Versano*
The White House dispatched chief economic adviser Larry Kudlow to speak to reporters Thursday morning as markets turned deep red in a day marked by volatility and which added to the sell-off in tech stocks.
Kudlow told Cheddar's J.D. Durkin the administration remains bullish on the economy ー and he noted that the tech sector, in particular, was up 50 percent since President Trump's election, "even with this correction."
"That ain't bad," he said.
Kudlow wouldn't disclose whether he advises Trump to speak less critically of the actions of the Federal Reserve ー for which presidents typically reserve a church-and-state type attitude. Trump, for his part, called the Fed "loco" on Wednesday for raising interest rates.
Kudlow told Cheddar: "The advice I give to the president is the advice I give to the president. It's entirely private."
The U.S. Census Bureau asked the Biden administration Tuesday for permission to test questions about sexual orientation and gender identity for people age 15 and above on its most comprehensive annual survey of life in the country.
President Joe Biden made a robust case before the U.N. General Assembly on Tuesday that the world must remain united in defending Ukraine against Russian aggression.
Planned Parenthood resumed offering abortion services in Wisconsin on Monday after halting them for more than a year since the U.S. Supreme Court overturned Roe v. Wade.
Planned Parenthood resumed offering abortion services in Wisconsin on Monday after halting them for more than a year since the U.S. Supreme Court overturned Roe v. Wade.
