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THE ECONOMY: “Things are Good”

The Corner, April 27, 2007 – [After the Dow's record-breaking 13,000+ close] Larry Kudlow wrote,

[...] If I may, permit me to once again call this what it is—the greatest story never told.

We are in the midst of the longest uninterrupted bull market run in memory. We have record low tax rates on capital, a benign inflation rate, and recent economic releases suggesting the Goldilocks soft landing scenario remains very much in place.

But in the end, it all boils down to two simple things—two stock market locomotives that have created enormous, still untapped, value in equities. Viewers have heard talk about them night after night:

High earnings, low interest rates.

Mark my words, it ain't over yet.

Will George W. Bush ever get any credit for this?

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