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The Larry Kudlow Show
The Larry Kudlow Show
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Larry Kudlow will give his perspective on the state of the markets, the economy, and politics. An unapologetic supporter of capitalism and free markets, he will share his insight and expertise to better navigate tomorrow’s evolving economic and political terrain.
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Larry Kudlow discusses Operation Epic Fury, a significant joint military strike by the United States and Israel against Iran. Kudlow and various expert guests, including General Jack Keane and Robert O’Brien, describe the campaign's intent to dismantle Iranian missile infrastructure and nuclear enrichment capabilities while actively encouraging domestic regime change. The narrative transitions between the tactical updates of the unfolding air war and a broader celebration of President Trump’s "growthier" economic agenda, specifically highlighting his recent State of the Union address.
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Larry Kudlow and guests Steve Forbes and Liz Peek discussing a major military escalation involving joint American and Israeli airstrikes against Iran. The participants frame the conflict as a "righteous undertaking" aimed at achieving regime change, specifically targeting Iranian missile factories and nuclear infrastructure to end decades of state-sponsored terrorism. A central theme of the conversation is the unprecedented regional alignment, as the speakers note with surprise that various Arab nations are siding with the U.S. and Israel against Tehran. Beyond military strategy, the panel critiques past diplomatic efforts like the JCPOA as "pro-appeasement" failures and briefly touches on domestic politics, including the isolation of the Democratic party regarding these hawkish foreign policies and the potential restructuring of media outlets like CNN.
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Michael Faulkender argues that current market volatility and high energy prices are merely temporary symptoms of geopolitical friction that will subside once military objectives are achieved and global oil supplies stabilize. A central theme is the optimistic outlook on declining mortgage rates, which the speakers attribute to a transition away from inflationary pressures toward a growth-oriented agenda.
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Former National Security Adviser Robert O’Brien discusses a joint U.S.-Israeli military operation against Iran, characterizing the strike as an inevitable consequence of the regime's refusal to negotiate in good faith. O'Brien argues that the Ayatollah’s government brought the attack upon itself by rejecting a simplified diplomatic deal offered by President Trump that required the cessation of nuclear enrichment, ballistic missile programs, and support for terrorism. The discussion details a division of labor between allied forces, with Israel likely targeting specific leadership figures while American assets focus on destroying heavy military infrastructure and hardened bunkers.
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John Carney clarifies that recent price spikes were driven by volatile service sector margins rather than trade policies, suggesting that underlying inflation remains under control. The conversation transitions into a confident political outlook, noting that a unified Republican leadership and a rebounding GDP create a strong tailwind for the administration.
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The conversation primarily addresses the economic implications of a surprise U.S.-Israeli military action in Iran, noting that while oil prices have surged, the panel views the market disruption as a temporary reaction to wartime volatility. A significant portion of the dialogue is dedicated to rebutting "AI derangement syndrome," with the speakers arguing that technological displacement is a natural, albeit stressful, phase of industrial revolutions that ultimately drives long-term productivity and stock market growth.
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General Jack Keane discusses a coordinated military offensive by the United States and Israel aimed at permanently dismantling the Iranian regime. The strategy centers on achieving tactical surprise through daylight strikes, focusing initially on the destruction of air defense systems and the decapitation of political and military leadership. Keane emphasizes that this is a comprehensive campaign of war rather than a localized operation, intended to exploit Iran’s current domestic vulnerabilities and neutralize its missile and drone capabilities.
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Former Energy Secretary Dan Brouillette joins Larry Kudlow to discuss the economic and geopolitical implications of Operation Epic Fury, a joint military action against Iran. Brouillette argues that while a short-term price spike in oil is inevitable due to contractual risks, the global market remains stable because increased American production and excess capacity from allies can easily offset Iranian supply. The conversation transitions into a critique of the previous administration's lax enforcement of sanctions, which allegedly allowed Iran to fund terrorism through oil sales to China.
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Forbes Media Chairman Steve Forbes and WABC Radio Host Steve Moore joins the show to talk President Trump's Tariffs.
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Today's guests include: John Carney, EJ Antoni, Michael Faulkender, Robert O'Brien, Jack Bouroudjian, Pete Najarian, Steve Forbes, and WABC Radio Host Steve Moore.
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Smart X Data Chairman, Jack Bouroudjian and Co-Founder of Market Rebellion, Pete Najarian joins Larry to talk Stock Market Watch.
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Ambassador Robert O'Brien joins the show to talk the War in Iran.
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Economist EJ Antoni and Professor of Finance Michael Faulkender joins the show to talk Inflation and GDP 4th Quarter.
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John Carney joins the show to talk with Larry about the Supreme Court's decision on President Trump's Tariffs
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Kudlow presents a data-driven defense of the current administration, highlighting record-breaking stock market milestones and a robust labor market where wage growth is significantly outperforming inflation. Through interviews and panel discussions, the text frames the upcoming midterms as a referendum on this "prosperity rocket ship," while sharp critiques are directed at government agencies like the CBO for underestimating the nation's true growth potential. Beyond finance, the dialogue shifts toward a populist legislative agenda, specifically championing voter ID laws, the elimination of sanctuary cities, and a potential shift toward regime change in Iran.
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Larry Kudlow and his guests argue that achieving 3.5% real GDP growth is the essential key to balancing the national debt and ensuring long-term prosperity. They critique the conservative estimates of the Congressional Budget Office and the Federal Reserve, asserting that these institutions fail to account for the massive economic potential of deregulation and productivity booms driven by artificial intelligence. The discussion emphasizes that a combination of low taxes and reduced regulatory costs will foster an environment of unlimited growth, effectively countering the redistributionist policies of political opponents. Finally, the group addresses internal administration shifts, celebrating a move toward free-market antitrust principles over populist interventions to ensure American corporate dominance remains unchallenged.
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Larry Kudlow and Theo Wold argue that while Democrats are targeting the budget of Immigration and Customs Enforcement (ICE) to satisfy their base, this strategy inadvertently jeopardizes essential services like the Coast Guard, TSA, and FEMA. Beyond the immediate fiscal shutdown, the discussion highlights the heavy financial burden on taxpayers caused by sanctuary city policies and the alleged systemic fraud tied to illegal immigration.
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Larry Kudlow and former National Security Adviser Robert O’Brien discuss a significant shift in American foreign policy toward Iran, noting that regime change is now openly being considered by the administration. They explore the President’s preference for a diplomatic deal that eliminates nuclear and missile threats, yet they emphasize that his patience is waning due to Iran's history of stalling and past aggression. To underscore this pressure, the speakers highlight a substantial military buildup in the region, featuring multiple aircraft carrier groups intended to provide overwhelming firepower and protect allies like Israel.
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Larry Kudlow and John Carney examine the unexpected decline in consumer prices, challenging the conventional wisdom that inflation only slows down rather than reverses. Carney highlights a detailed analysis of 71 specific goods and services that saw price drops in January 2026, noting significant year-over-year decreases in essential categories like eggs, fuel, and electronics. Beyond these statistics, the discussion serves as a rebuttal to critics of trade tariffs, specifically targeting a New York Fed study that claims domestic consumers bear the brunt of import taxes. Carney argues that these economic models are fundamentally flawed because they misinterpret internal bookkeeping between multinational subsidiaries as actual price increases for the public.
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Larry Kudlow discusses several high-priority conservative policy goals with guests Joe Concha and Mark Simone, primarily focusing on the push for mandatory voter ID and proof of citizenship for the upcoming elections. The speakers frame the lack of identification requirements as a logical inconsistency, noting that photo IDs are required for daily activities like air travel and entering media buildings, while suggesting that public opinion across various demographics strongly supports these measures. The conversation then shifts to the defunding of sanctuary cities, where the participants argue that local non-compliance with ICE leads to increased crime and prevents the efficient deportation of criminal undocumented immigrants.
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