https://www.newsmax.com/newsfront/kudlow-stock-market/2018/02/10/id/842596/
https://youtu.be/Uif-lmnzpp0
By Sandy Fitzgerald | Saturday, 10 Feb 2018 09:43 AM
The nation's economy is very strong, and the tax cut bill is energizing
business, so the stock markets will be "just fine," despite record drops this
past week, economic analyst Larry Kudlow told Newsmax TV Friday, and he'd buy
and hold stocks as they grow cheaper.
Larry Kudlow: 美国经济十分强壮, 减税法案促进企业投资, 股市依然良好
Kudlow 会逢低进场并持有股票
"Investment profits are very strong," Kudlow, the Reagan administration
economist who also advised President Donald Trump's campaign, told "Newsmax
Now" guest host Kirsten Haglund.
Investment 应该接在上一段的 business 后
Kudlow: (企业)获利赞
There is some interest rate turbulence as well, he continued, but "people
shouldn't panic."
Kudlow: 有些因利率问题引起的震荡, 大家呒免惊
"Stocks are gonna be cheaper and I'd buy them as they go down," said Kudlow.
"I'd buy them and I'd hold them. Stocks for the long run, that's always been
my philosophy."
Kudlow: 股价跌, 我捡便宜, 我买进并持有, 长期投资魂是我一以贯之的哲学
(2008 巴菲特名言粗乃坦 again)
Many of the algorithmic changes that have occurred are driven by computers,
not humans, Kudlow also said Friday.
Meanwhile, the boundaries on the CBOE Volatility Index (VIX), often referred
to as the "fear index" were exceeded, said Kudlow, pushing the index up to
almost 50 at one point, which triggered a lot of selling.
"That's what happened today," he said. "It's not humans. It is computers.
It's the world in which we live. These things happen."
(主持人请 Kudlow 多说些程式交易的事)
Kudlow: VIX, 债券或是啥的震荡超过算法区间触发程式单抛售, 非人为
Ironically, good news for the economy can also be bad news for the stock
market, said Kudlow.
Kudlow: 讽刺的是, 经济面的好消息对于股市可能是坏消息
"Real interest rates go up, investment returns are rising in the economy, so
the stock market requires a higher real investment rate," he said. "It's
inflation, that's what spooked the stock market."
(扣除通膨影响)实质利率上升, 投资报酬上升, 所以股市需要更高实质投资率
那就是通膨, 吓坏了股市的东西
Meanwhile, Kudlow said he also agrees with the president's call for more
defense and military spending, but he's still sorry that the new spending
bill did not include cuts to domestic spending.
Kudlow 支持川普增加国防预费, 也很遗憾这不包含民生预算
"The Democrats insisted that whatever we spent on military had to be also
spent on domestic," he said. "It's a lousy deal. I think there's a lot of
reforms that need to be done. I don't think it's a catastrophe but I think
you've got to have a stronger budget outlook."
Kudlow: 民主党坚持国防民生并重, 烂爆了
有很多要改革, 要更深入考量预算规划(社会保险之类der别浪费钱惹)
心得:
听完士气大振, 果然经济顾问说的力道就是不一样
全力作多过年
年后数钱