Larry Kudlow: This is why stocks are bullish

Group 1 - The bullish trend in stocks is primarily driven by strong corporate profits, which are the foundation for rising stock values [1][3][5] - Future earnings projections for 2025 indicate nearly $300 per share, representing a 14% increase, with a price-to-earnings multiple of 22.8 [4] - The current steady 10-year Treasury yield at around 4% provides a reasonable discount rate for capitalizing corporate profits into future value [4] Group 2 - A strong stock market boosts confidence in profitable businesses, suggesting a robust economy in the coming years, with GDP growth in the second and third quarters potentially nearing 4% [7] - Tax cuts for businesses, as implemented by the current administration, are expected to enhance profits, positively impacting stock performance and overall economic health [8]