White House Econ Adviser Kudlow: Aug is usually a quirky month and often gets underreported; points to strength in household data (+590K) - CNBC interview
- Also notes pickup in participation and rise in average hourly earnings
-Today's number was a blowout number
- We need to address forced technology transfer with China
- Still expect deputies to meet in a few weeks with principles meeting in Oct; temperatures are calmer now in US/China trade talks
- GM CEO expressed support for reforms on cafe standards