Impeachment will hurt the markets: Art Laffer

Impeachment will hurt the markets: Art Laffer


REMEMBER WHAT I SAID, WILD SPECULATION. ART LAFFER IS WITH US. I DON’T KNOW WHETHER YOU HEARD IT, ART, I WAS WILDLY SPECULATING.>>I DID. STUART: YOU HEARD IT. OKAY IF WE GET A MEDIUM TRADE DEAL WITH CHINA — I HAVE TO REPORT. IT WAS WILD. IF WE GET A TRADE DEAL WITH CHINA, MODERATE, IF WE GET USMCA PASSED, IF WE GET THAT, IF WE GET A TRADE DEAL WITH THE BRITS, ALL OF THAT IS WILD SPECULATION BUT I SAY IF THOSE THREE THINGS HAPPEN THIS, MARKET GOES STRAIGHT UP, AND THE ECONOMY REALLY DOES IMPROVE. AM I RIGHT?>>YOU’RE COMPLETELY CORRECT. THAT IS JUST PERFECT. BUT I DON’T THINK IT IS WILD SPECULATION. I THINK IN BOTH CHINA’S INTERESTS AND U.S. INTERESTS TO DO A TRADE DEAL IF IT IS NOT THE BIG FULL-BLOWN ONE. ALSO JUST REMOVING TARIFFS RIGHT NOW WOULD BE A HUGE PLUS. NOT INCLUDING ALL THE CHINESE AGREEING TO BUY MORE GOODS AND THINGS THAT WOULD BE HUGE, HUGE, HUGE. AND ALSO I THINK YOU’RE UNDERESTIMATING NANCY PELOSI’S DESIRE TO GET USMCA PASSED. I THINK SHE REALLY NEEDS THAT PASSED. I THINK SHE WANTS THAT PASSED FOR HER OWN POLITICAL END AND THE DEMOCRATS IN THE HOUSE. I THINK THAT BILL HAPPEN AS WELL. I’M EXCITED. BORIS JOHNSON, I LEAVE THE BRITS UP TO YOU, STUART BUT BORIS JOHNSON AND THE EU, IF THAT HAPPENS I THINK THEY WILL GET A GRADE TRADE DEAL WITH BRITAIN. THE U.S. AND BRITAIN SHOULD HAVE A TRADE DEAL. THAT IS THE CLOSEST COUNTRY TO THE U.S. THAT AND ISRAEL ARE. WE SHOULD HAVE A PERFECTLY WONDERFUL TRADE DEAL WITH THE BRITAIN AND THE U.S. JUST THINK IT HAS BEEN WAY TOO LONG IN THE WAITING. STUART: I’M SO GLAD TO HEAR MY SPECULATION IS NOT SO WILDLY OUT OF WHACK AS SOME MIGHT EXPECT. I’M GLAD YOU’RE ON THE SHOW TODAY.>>IT’S NOT. STUART: THANK YOU, THANK YOU. OKAY. I GOT TO TALK TO YOU ABOUT THIS JOLT REPORT, THE NUMBER OF JOB OPENINGS IN AUGUST. 7.05 MILLION, WHAT DOES THAT TELL YOU ABOUT THE ECONOMY?>>WELL, YOU KNOW, I THINK OUR ECONOMY IS JUST IN GREAT, GREAT SHAPE. THERE ARE ALL OF THESE DIFFERENT MEASURES COME FLOWING OUT. THE JOB OPENINGS ARE IMPORTANT. WE ALSO HAD, IF YOU KNOW IN THE LAST JOBS REPORT WE USED THE ESTABLISHMENT NUMBERS FOR THE INCREASE IN JOBS WHEN THE HOUSEHOLD NUMBERS WAS MUCH, MUCH LARGER. THE SAME THING WAS TRUE THE MONTH BEFORE. IF YOU KNOW REVISIONS ARE UP. THIS ECONOMY IS DOING VERY WELL, STUART, ESPECIALLY YOU CONSIDER HOW MUCH THE REST OF THE WORLD IS PULLING US DOWN. YOUR WILD SPECULATION STORY AT THE BEGINNING OF THE SHOW, WOULD REALLY CHANGE THAT ON THE WORLD AND REALLY HAVE THE WORLD NO LONGER PULLING US DOWN BUT REALLY BEAU — BUOYING US UP. IF THAT HAPPENS I THINK THE GROWTH RATES CAN GET BACK UP INTO THE 3% RANGE. STUART: YOU’RE A PERPETUAL OPTIMIST, ART. YOU’RE OUT OF WHACK WITH OTHER ECONOMISTS?>>THEY THINK I’M WACKY. I’M THE WACKY ONE. STUART: YOU’RE A GREAT-GRANDFATHER. HOW CAN YOU BE WACKY?>>I HAVE BEEN THREE YEARS OUT OF WHACK WITH THEM AND THEIR GROWTH RATE ESTIMATES AND ALL THAT. MY NUMBERS PROVED TO BE A LITTLE BIT BETTER THAN THEIRS OVER THE LAST THREE YEARS. WHO KNOWS WHAT WILL BE IN STORE IN THE FUTURE. STUART: OKAY.>>A LOT OF THE READ DEPENDS UPON THE POLITICAL WORLD. I WAS IN THE NIXON WHITE HOUSE. I WATCHED WHAT HAPPENED WITH REAGAN. THIS IMPEACHMENT STUFF WILL HURT THE MARKETS, BELIEVE ME, IT WILL HURT THEM AND COULD HURT THEM A LOT. STUART: OUCH. OKAY. ART LAFFER, THANK YOU VERY MUCH.

100 thoughts on “Impeachment will hurt the markets: Art Laffer”

  • UNITED STATE OF AMERICA PRESIDENT DONALD JTRUMP&THE FIRST LADY MY TEACHE MELANIA TRUMP GOD BLESS YOU+PEACE BE UPON YOU=2020 REELECTIONS ALL AT ONE GREATNESS PRESIDENT DONALD J.TRUMP CONQUER YOU*AMEN=AMMI*.

  • The markets don't care about impeachment.
    Conservatives will push anything and everything out to get their uninformed base to hate a policy that is in the constitution.

  • I thought we have a constitution of the United States of America. Which lieing agent orange raise his had to up hold it. Sorry if you did a crime you must pay. Not to hurt mr. Dump. He ask another country to find dirt on his opponent. Hm" i believe we heard this story before? ????? Makes you think..

  • Little Lying Donny : narcissist, complete lack of empathy, moral insanity and a convenient idiot on Putin's payroll. TRAITOR!

  • Peloci needs to bring USMC to the floor instead of trying to do an illegal impeachment against a sitting President.

  • Trump and cronies bankers only care about the market their more middle-class people not in market vote without market will lose they keep lying about the economy not as great as pushed down our throats if anything vary bad like trump voters to vote for trump again open your eyes smell what trump is cooking

  • A War will happen before impeachment takes effect. No point in talking about it anymore. It ain’t happening.

  • This is more propaganda to give cover to djt for a possible recession and to distract from his illegal behavior. You can't defend djt's behavior, so you attack the whistleblower process and now you want to say that the impeachment will trigger a recession. Nevermind that we are currently in the longest expansion in history (the majority under Obama) and historically should encounter a recession any day now. "News" without context is not news. Not surprising with Varney.

  • From the gathering storm
    walks a Presidential man,
    duly armed with the Truth,
    and a patriotic hand!

    That's when you know
    you're never going to make it
    past your lies, and your spies,
    and your shills, off the Hill,
    with your hacks!

    'Cause here he comes,
    through the ghettos,
    and the barrios, and the Bowery,
    and the slums!

    A righteous shadow is cast
    wherever he stands,
    with stacks of indictments,
    in his patriotic hands!

    Vote Trump/Pence, again in 2020!!!

  • The Democratic party has already demonstrated they care nothing for AMERICANS and AMERICA. They're ready to ditch all to promote the agenda……WAKE UP!!!!

  • he same ‘woke’ corporations who virtue signal all day long about
    caring for minorities immediately cave and apologize when China – one of
    the biggest human rights abusers on the planet – intimidates them.

    Communist China says jump, corporate America says how high.

  • Not to hurt your video but I saw another one that says they can make market look like it booming and make it look crashed so it's a pen whip deal there

  • Fox, The sky is falling, the sky is falling, “News” We survived 8 years of Clinton, Bush Obama. Why are people so afraid all the time? Grow a pair Fox. Put your big girl panties on and quit whining.

  • Hillary Clinton once again teased a possible 2020
    presidential run against Donald Trump by asserting, “Obviously I can
    beat him again.”

    Perhaps someone should remind Hillary of her failure to beat him the first time.

  • 🐴💩 One does not effect the other. This is not a Clinton impeachment and disbarrment for lying to Congress! This is made up 🐴💩 and everybody knows it. The only market losers will be the suckers who sell short, while everyone who sits in their seat during the ride will make money.

  • You guys are Stupid China will sell your body parts today. sucking up to China makes me want to vomit we have lost our moral compass you people at fox are pathetic.

  • Surely the Democrats wouldn't want the amazing economy under Trump to go south! I mean they've only been trying to poison the well with recession fears almost every day. The amount of damage the Dems have done in order to negate the votes of millions of Americans, is much more immense and will take years to fix if ever.

  • Democrats don't care. They'll tank the economy and cause hardship for millions if that's what it takes to unseat Trump. Not to worry. Nothing they can do will work but their attitude is horrible.

  • ЕСЛИ НЕ ХОЧЕШЬ ВОЗВРАЩАТЬСЯ В СВОЙ ТАВАР МОЖЕШЬ СЕБЕ ПОСТРОИТЬ ГДЕ ХОЧЕШЬ ТАМАБАЛАГАЛАДАН…МНЕ ЗОЛОТО БУДЕШЬ ПРОДАВАТЬ…)

  • Man you people are so full of crap, trump crap at that. With you people he doesn’t even have to wipe. You’ll do it for him. 😘

  • А ВООБЩЕ ВСЁ ЭТО ХУЙНЯ…В БУДУЩЕМ ЛЮДИ ВООБЩЕ НЕ БУДУТ ЖИТЬ В ДОМАХ…

  • А ВООБЩЕ ТВОЙ ПРЕДОК НАПРАВЛЕННЫЙ НА АМЕРИКАНСКИЙ КОНТИНЕНТ ДОЛЖЕН БЫЛ СТРОИТЬ ТАМАБАЛАШАМАНА В ПАРКЕ ЙАЛАВАСАТАНА…И СЛЕДИТЬ ЗА ГЛАВНЫМ ОЗЕРОМ-ГОРЛОВИНОЙ ВАЛАКАНА…ОНО ОДИН К ОДНОМУ КОНТУРАМИ С МОИМ ОЗЕРОМ…ХАРАМАЙАДАНА…)

  • АМЕРИКАНСКИЙ НАМЕСТНИК ДОЛЖЕН НАХОДИТЬСЯ НАЙАЛАВАСАТАН А НИ В ВАШИНГТОНЕ…)

  • Impeachment is a way to detract attention from the 2 year failed Mueller reports, it will end in the same way but instead of wallowing in the shame of it they will again jump into another mud puddle to keep the liberals false hopes on the move.

  • Democrats have no candidate that can beat Trump, they also have no agenda that people can support, so only thing left is to drive the economy in to the ground and blame it on Trump.

  • ART !!!!!What the hell were you thinking when you bought that jacket !!! It's hard to take someone seriously when they are wearing a clown suit.

  • ТАМАБАЛ ЗНАЧИТ СКАЗАТЬ ЧТОБЫ СДЕЛАТЬ БЛАГОЕ-БЛАГОДАТЬ…ЭТО МАХАНАЗАМ-ТЕХНОЛОГИЯ-СООРУЖЕНИЕ…ОБРАТНОЕ ЧТЕНИЕ-ЛАБ-КОЗЫРЕК-ПЕРЕКРЫТИЕ…МАТ-ЯЗЫК…

  • НУЖНО ОБРАТНО КРУТИТЬ МОЛЕКУЛЫ АТОМЫ ФОТОНЫ ВОДЫ НА ВСТРЕЧУ ОГНЮ КОТОРЫЙ ИДЕТ НАВЕРХ…А НИ ЖИДКИЙ АЗОТ ТУДА ЗАЛИВАТЬ…) ФИЗИКУ НАДО БЫЛО ИЗУЧАТЬ…

  • the retail public will keep selling until the 2020 elections are complete and won't buy again until 4 more years of the TRUMP trade

  • Heres my opinion , trump in office , economy booming! Democrats in office , bankrupt and crash ! (Just like California )

  • The liberals have been publicly wanting the markets to crash….Anyone surprised at the liberal Dim's latest efforts?

  • Impeachment will hurt a lot of things and the Demonocrats do not care about any of it other than gaining more power and keeping their gravy train alive! In the end the left is all going down. It’s one thing when they try to screw Trump and keep the vendetta going but America will not forget this and you are all doomed.

  • The standard of living has deteriorated even with the tax cuts, not reigning in the national debt and the stock market going up…. The ordinary Americans are in an adverse position despite all that…. The only people better off are the CEOs and the celebrities and billionaires…. America… We need to wake up now!! We're tired of this stock market baloney!!

  • This entire "impeachment" hoax is doing exactly what the dems want which is to create chaos, bring down the market, anything that might give them the slightest edge in the 2020 campaign elections. Their numbers look so bad as of present. American is So Much Smarter than they give us "deplorables"… which is just one of the many names they refer to anyone voting for TRUMP !!

  • Actually it would be the best thing for this nation and the market's,
    1, We will then have a leader that could actually make a deal with china…
    2, We won't have an unhinged idiot shaking markets every freaking tweet.
    3. We won't have farm's and businesses going into bankruptcies
    4. The nation and people can actually be brought back to together and proper levels and delps of a normal nation with a proper leader.
    5, we will have a leader that understands the importance of the allies and alliances around us that is good for the nation and direction on all accounts.
    6, there won't be threats of shutting down borders.
    7 we won't have a leader that lies and deceives and is stacking his pockets with American taxpayers dollar's. (More for the country)
    8. We won't have a leader that is pulling billions out of random state to place in his political wants for election.
    Just a few positive in a good direction when he is impeached…. just saying.

  • The DemocRats party is the biggest enemy of civilized people. It needs to be aborted to have civilized society's. Thanks

  • If this whole thing does actually happen the markets will be one of the last things to worry about. This is our constitution and our freedoms at stake. If this actually happens in the way the democrats are going about it and bypassing our presidents constitutional rights then our constitution will be null and void. This shouldn’t have even gotten this far!

  • EAGLE WHITEFEATHER 01; I admire what you have written and responded to. We must know the issue's if we as Patriot's are to fight the good fight, and in so doing I commend you. Keep up the good fight, and we stand with you, in peace!!!

  • You don't have to worry about impeachment. Trump has said that he doesn't want to leave the Presidency, ever. And now he keeps saying that he has "an absolute right" to do whatever he wants as President. Why are you not frightened by this man yet?

  • I think a Trump arrest by the Democrats will cause a physical war proving the Second Amendment was needed. So, that would cause great chaos in the markets along with attacks from other countries on both sides of the war.

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