In the kudlow report beginning right now. Good evening. Im larry kudlow. This is the kudlow report. Ku we are live here, 7 00 p. M. Eastern, 4 00 p. M. Pacific. All right, in her First Press Conference as fed chair, janet yellen sounded more hawkish than expected. Proud of her. B reporter larry, stocks traded lower and stayed lower. The dow ended down a little more thanit 100 points though at one point it was down more than 200 points. Traders cited several reasonspo for d todays selloff. First, during her press conference, her first one, fed chair woman janet yellen said six monthsle is shorter than so expected. Shortterm bonde yields, particularly yitwo, three and fiveyear notes jumped notably on that comment. Sectors like yu tilties and emerging markets were the biggester decliners. It also confused the trade attorney General Community somehow. The fed lowered the upper range of expectations for gdp growth in 2014 to three percent from 3. 2 and did the same thing in 2015 and 2016. G
Gerri can a damning new report pushing General Motors even deeper into controversy a Watchdog Group now linking at least 300 deaths to the recalled cars specifically because airbags didnt deploy in the crashes. Joining me with the latest is the executive director at automobile nag seen. It is magazine. It is great to have you here, todd. Thanks for bringing your expertise. A new report as we just said today, they say, not true, 12 deaths in 31 accidents. It is more like 303. Issues with these, these airbag deployments. What do you make of this new report . Well i think the report is going to open up, has opened up this issue a lot further and i think the number is still kind of unknown because the report issued, lists 13 examples of deaths and it lists, it shows that those cars did not deploy their airbags but doesnt say whether the ignition was still on or not when the airbag deployed. So we dont know, we dont have a direct connection between the ignition key problem and the airbag pr
Priding himself on being open and transparent didnt exactly practice what he preached. According to a new analysis, the Obama White House all wore censored. He is a governments own figures from 99 federal agencies. Covering nearly six years. Essay reveals the Obama White House has kept a very tight rein on information. Citing withholding stuff and 8096 times. That is a thousand 496 times the administration refused to provide information for security concerns. Often the white house employed what it calls a deliberate process to explain withholding information. In other words if you wanted something, you had to wait and wait, and then most of the time he didnt get what you wanted anyway because i nearly 200,000 locations the government said it couldnt find the records it requested or often completely block out all pages. Not a page out of open government but a reminder of how secretive this administration has been. Last you a record 704,394 such requests, up 8 for the prior year which wa
Is why republicans are running with that a swing districtwent against the president just as voters and nastily are. His Approval Ratings the lowest ever from the latest wall street journal poll. The Health Care Law is a very big reason. And to the matter how many hit shows and they are desperately trying to keep it afloat. But theyre not getting better. They are getting worse. They are not remotely interested but all is said and done, 30 billion will remain uninsured. That is why voters are getting restless. Get ready in november for the real fireworks. Did the Sunshine State just are or am i just finding out . And to our guests, what is happening here . Is this the Tipping Point . Mid term electionyear republicans are looking to make big gains were they can make the argument obamacare is causing more harm than good. Neil you could say it was close in the eyes of the but ree sensing these exit polls and they have something to run on is that what they should run away from . Of course, t
Met and labrov made it clear that president putin will not discuss the matter until the crimeaen vote to enter the nation. And secretary of state kerry was looking for a way to delay the referendum voting in crimea. A vote that will determine not when, but if crimea leaves to become part of russia, because the ballot only contains two questions and the only answers possible are, crimea joins russia now, or crimea joins russia later. It is a ballot and an election that carry president obama and u. N. Secretarygeneral ban kimoon claim violates International Law. If the wrong choices are made, then there will be no choice, but to respond appropriately because of the gravity of this breach of international standard, breach of International Law and challenge, frankly, to the global standard by which nations have been called on to try to behave. Lou foreign minister labrov and putin see things differently. Labrov comparing crimea to previous ones, kosovo and the islands. And he out right rej