It’s a New Bull Market

Larry Kudlow :

Let’s call this what it is: A new bull market in stocks has emerged from the ashes of the financial meltdown and the deep recession that followed. And it’s signaling the onset of economic recovery. Free-market capitalism is more durable, resilient and self-correcting than its detractors would have us believe.

This is not just a summer rally -- although a 12 percent market rise since July 10 is absolutely splendid. There’s a lot more going on here. Over the last five months,.....