Lawrence Kudlow is the host of CNBC’s Kudlow & Company (M-F, 7pm/ET), a host of WABC's "The Larry Kudlow Radio Show" (Saturdays 10am-1pm/ET), a nationally syndicated columnist and a former Reagan economic advisor. Larry is also a regular guest on Hugh Hewitt's nationally syndicated radio show every Friday night. CNBC's Kudlow & Company also airs on Sirius (ch.129) and XM (ch.127) weeknights at 7pm ET.
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Stocks Don t Like Obama
Posted on May 21, 2008
One of the things we ve learned during the Democratic primary battle is that Hillary s victories are bullish for stocks and Obama s wins are bearish. The clearest example was Hillary s massive West Virginia victory. Stocks opened strong the following day. But after Obama s big North Carolina win, a night he nearly carried Indiana, stocks opened way down. Even though Hillary clocked Obama in Kentucky, since Obama took Oregon convincingly, he really carried last night s elections and now stands on the verge of gaining the Democratic nomination. Not surprisingly, stocks opened down 80...
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