Signs of Optimism for Texas

In a discussion on the national economy pre-and post-COVID-19, Kudlow was interviewed by Donald Luskin, chief investment officer for Dallas-based TrendMacro.

Even as a volatile political environment contributes to uncertainty, Kudlow said the nation is seeing solid recovery signs – positive numbers in housing, retail, automobile sales, manufacturing and unemployment. The V-shaped recovery, Kudlow said, is “self-sustaining and will carry us to better than 20% growth in the third and fourth quarters.”

Kudlow said the Texas economy is in far better shape than other states. “Texas will come out of this pandemic as strong as ever – maybe even stronger – thanks to its pro-business and pro-entrepreneurial attitude,” that he added is “attracting people from all over the country.”