On FOX News ‘Special Report,’ Larry Kudlow on the technological advances that increase in positive economic outlooks: “In a way, because of the technological advances and productivity advances it’s bringing down prices. Wall Street was wrong about inflation and was expecting high inflation numbers and expecting the Fed to raise their target interest rates. None of that happened. And one of the reasons is, yes, gasoline prices, but secondly, the productivity revolution. The technology revolution, A.I., quantum computing, advanced manufacturing, space, it’s all over the place. I thought David Solomon ran it down pretty well. I think it’s going to continue to surprise on the upside.”
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