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Larry Kudlow Is Furious With Bill Dudley – Let’s Discuss
Larry Kudlow stopped by Bloomberg Television during his traditional post-NFP, full-court-press propa
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In a year filled with strange and mystifying events/pronouncements, the first Dudley letter stands out as one of the more mystifying. I dunno, maybe, given its direct channel to Wall Street, the NY Fed is primus inter pares, and Dudley was acting on his own. But I find that a little hard to believe: the guy is a born institutionalist. Despite Dudley’s protestations, the more likely explanation is that someone or thing was trying to put a shot across Trump and Navarro’s bow.