Kudlow: Sell-Off Presents Market Opportunities Galore!
The S&P 500 fell for the fourth day in a row on Wednesday, as investors ran for the exits, fearing a rough market ahead..
However, if you’re among those sellers running for the sidelines– CNBC's Larry Kudlow thinks you’re making a big mistake.
“For the first time, here on the Kudlow Report, I feel comfortable enough tell you that Mitt Romney is going to win big,” said the host of the show.
And Larry Kudlow firmly believes Mitt Romney is about to usher in a new era – “a Reagan-like economic growth revolution.”
Larry Kudlow insists that Romney’s tax reform plan alone will drive the economy into tremendous prosperity. For example, explained Kudlow, a married couple earning $143,000 whose tax rate under Romney drops from 25 to 20 percent will keep roughly $7,100 more in take-home pay.
And in a conversation with market pros, such as David Goldman of Macro Strategy and Mike Holland of Holland & Company, Larry Kudlow just couldn't hold back his enthusiasm.
“I see opportunities galore,” in the market Kudlow said. Right here and right now.
“Why wouldn’t you be out there buying energy – Romney is pro energy – he supports coal and fracking. I’d buy industry – Romney is going to lower tax rates. I’d buy healthcare. Romney will end government run health care system.”
If you expect the nation to be led by a President Romney next year, then “all these sectors are very attractive right now, in light of what I believe is coming,” Kudlow said.
And Larry Kudlow added, these investment ideas are only the beginning. He sees small business thriving under a President Romney.
All told, “There's just tremendous potential. I think the stock market is missing this,” Kudlow concluded.
"The Kudlow Report" airs weeknights at 7 p.m. ET.