– The “volatility index”, which shows the market’s expectation of 30-day volatility gained 120% last week, “the biggest week in history”.
– “The big picture is you have to find a company you like and don’t try to chase the market”.
– Speaks about Wall Street’s wild past week, and the oil market and the drop in prices to $40 per barrel.
About Larry Kudlow
Larry Kudlow, writes a blog, Kudlow’s Money Politic. He is a CNBC senior contributor. He is also the host of “The Larry Kudlow Show”, which broadcasts each Saturday from 10 a.m. – 1 p.m. on WABC Radio and is syndicated nationally by Cumulus Media. He was in the Office of Management and Budget during Reagan Adminstartion. Kudlow is CEO of Kudlow & Co., LLC, an economic research firm (www.kudlow.com).
To hear John CATS upcoming roundtable radio shows, tune in at 9 AM New York time every Sunday morning on 970 AM Radio: The Answer! Can’t get to a radio? Listen in online! The show is live at www.am970theanswer.com at 9 AM New York time every Sunday morning. Thanks for listening!