CNBC's Larry Kudlow 'Grateful' That Human Toll From Japan Quake 'Worse' Than Economic Toll (Video)

The anchor makes a shocking statement while discussing the state of the U.S. markets following the 9.0-magnitude earthquake.

CNBC's Larry Kudlow made a shocking comment on-air about the state of the economy following Japan's 9.0-magnitude earthquake last week.

Taking a look at the U.S. markets following Friday’s quake, Kudlow said: "The human toll here looks to be much worse than the economic toll, and we can be grateful for that."

Kudlow made his statement while a graphic displayed at the bottom of the screen informing viewers that more than 300 people are dead and more than 500 missing because of the earthquake.

Perhaps realizing his gaffe, he then quickly added: "The human toll is a tragedy; we know that. But these markets, all these markets -- stocks, commodities, oil, gold -- there is no major breakout or breakdown."