‘We are the hottest economy in the world. We are crushing it’

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Larry Kudlow, Director of the National Economic Council, speaking at the New York Economic Club in New York on Sept. 17th, 2018.

Adam Jeffery | CNBC

Larry Kudlow, Director of the Nationwide Financial Council, talking on the New York Financial Membership in New York on Sept. 17th, 2018.

Nationwide Financial Council Director Larry Kudlow cheered the Trump administration’s financial measures on Thursday, noting the U.S. financial system is outperforming the remainder of the world.

Kudlow spoke with CNBC’s “Squawk on the Road” a day after shares had their worst day since February.

The Dow Jones Industrial Common plunged greater than 800 factors whereas the S&P 500 dropped greater than three % on Wednesday amid a rout in tech shares and worries over greater charges despatched.

The rout eased on Thursday.

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