The collapse of the Russian ruble and the Chinese yuan shows why a potential BRICS currency is not a threat to the U.S. dollarâs status as the worldâs reserve currency, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow Friday. As the BRICS countries of Brazil, Russia, India, China, and South Africa prepare
Carney on âKudlowâ: The Collapse of Russia and Chinaâs Currencies Shows Why BRICS Is Not a Threat to the Dollar
September 29, 2023 by
Carney on âKudlowâ: The Stock Market Might Be Rallying on the Belief Trump Will Beat Biden
July 19, 2023 by
The stock market had a great run during the Trump presidency, and the latest boom might reflect Wall Streetâs hope that Donald Trump could get re-elected, Breitbart Economics Editor John Carney said in a Tuesday interview with Fox Business host Larry Kudlow. âJohn Carney, smart guy that you are, why is the stock market booming?â
Carney on âKudlowâ: The Fed Might Hike Rates in June Instead of Pausing
July 17, 2023 by
Even though Wall Street is betting on an interest rate cut, the Federal Reserve could hike rates at its next meeting in June, Breitbart Economics Editor John Carney told Fox Business Host Larry Kudlow on Friday. During a Wednesday appearance on Kudlowâs show, Carney and Kudlow agreed that this weekâs consumer price index data gave
Carney on âKudlowâ: Bidenomics Is âTop Downâ Government Grift âBuilt on a Lieâ
July 8, 2023 by
President Joe Bidenâs economic policies are top-down big government crony capitalism predicated on the false notion that he inherited an âeconomic catastrophe,â Breitbart Economics Editor John Carney said in a Friday interview with Fox Business host Larry Kudlow. Biden again touted his âBidenomicsâ economic policies in a speech in South Carolina Thursday, arguing that his
Carney on âKudlowâ: Expect More Banks to Fail Due to Years of Low Interest Lending
July 6, 2023 by
First Republic wonât be the last bank to fail, Breitbart Economics Editor John Carney warned Fox Business host Larry Kudlow in an interview Monday following JPMorgan Chaseâs acquisition of the failed bank. âAll of the banks that expanded their balance sheets extremely large during our zero percent era are now running into big problems,â Carney
Carney on âKudlowâ: Wall Street Is Fooling Itself by Betting on Fed Rate Cuts
April 1, 2023 by
The stock market is still âat loggerheads with the Fedâ thinking the central bank will cut interest rates this year instead of hiking them in response to persistently high inflation, Breitbart Economics Editor John Carney said in a Friday interview with Fox Business host Larry Kudlow. âStocks are pricing in interest rate cuts as we
Carney on âKudlowâ: The Fed Has Been Fueling Inflation and May âChicken Outâ from Fighting It
March 3, 2023 by
The Federal Reserveâs accommodative economic policies have been fueling inflation and now Fed officials may âchicken outâ from raising interest rates higher at their next meeting, Breitbart Economics Editor John Carney said in an interview Friday on Larry Kudlowâs eponymously named Fox Business show. The personal consumption expenditure (PCE) data released Friday makes clear that Fed
Carney on âKudlowâ: The Fedâs âHistoric Mistakeâ in Cutting Rates âRefueled Inflationâ
March 2, 2023 by
The Federal Reserveâs decision to scale back rate hikes at their last two meetings will be âlooked at as an historic mistake because that refueled inflation,â Breitbart Economics Editor John Carney said in an interview Wednesday on Larry Kudlowâs eponymously named Fox Business show. âI think that a lot of people thought that inflation was
Carney on âKudlowâ: Lack of Regulatory Guardrails Means FTX Wonât Be the Last Crypto Exchange to Collapse
February 8, 2023 by
The arrest of FTX founder Sam Bankman-Fried has exposed the dire lack of regulatory guardrails in the crypto world; and without proper oversight, FTX will not be the last crypto exchange to collapse, Breitbart Economics Editor John Carney explained. In an interview Tuesday on Larry Kudlowâs eponymously named Fox Business show, Carney noted that the
Carney on âKudlowâ: Slide Toward Recession Happening Across the Economy
January 19, 2023 by
âWhat weâre seeing is this slide towards recession happening across the economy,â Breitbart Economics Editor John Carney said in an interview Wednesday on Larry Kudlowâs eponymously named Fox Business show. Carney explained that the latest economic dataâfrom the crashing Empire State manufacturing survey to the disappointing holiday retail sales numbers and the weaker-than-expected producer price
Carney on âKudlowâ: The Big Biden âLie That Got Us Inflationâ
November 11, 2022 by
âThis is the lie that got us inflation,â Breitbart Economics Editor John Carney said in response to President Joe Bidenâs remarks on Wednesday touting his administrationâs spending policies and dodging any blame for inflation. Carney appeared on Larry Kudlowâs eponymously named Fox Business show on Wednesday following Bidenâs first press conference after Tuesdayâs midterm elections.
Carney: 6 Ways the USMCA Is Much Better than NAFTA.
October 3, 2018 by
While the Trump administration has touted the new trade pact with Mexico and Canada as a historic achievement and a promise kept, critics say that the differences between the NAFTA and the new agreement are so slight as to make the entire effort to renegotiate the trade pact âunnecessarily painful.â âThis is better than anything […]