Kenny Polcari, managing director of O'Neil Securities, said the country should be thrilled to have someone like Larry Kudlow in the White House.
"Larry's all about economic growth," Polcari said. "It's not going to happen overnight, but he's going to talk to Trump and members of the administration and formulate policies that are going to continue to benefit American workers, the economy and jobs."
Larry Kudlow is joining the Trump Administration as National Economic Council director, after former Goldman Sachs (GS) executive Gary Cohn left the position last week.
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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