Larry Kudlow expressed a mix of surprise and discontent over the record stock market highs, highlighting contradictions in Fed Chairman Jay Powell's economic policies.
Gerri Willis noted stocks surged as hopes for a soft economic landing emerged following the Fed's significant interest rate cut, boosting all major market averages to record levels.
Kudlow criticized Powell's actions, labeling the recent rate cuts as politically motivated 'gifts,' asserting that economic prosperity was fostered markedly during Donald Trump's tenure.
Market analysts pointed out that nearly every sector experienced growth due to increased investor confidence, particularly in technology and consumer discretionary segments.
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