SUMMARY: In this video, I remind you of the need to ignore pundit commentary on the stock market. As an example, I shine a light on David Stockman, former director of the Office of Management and Budget in the Reagan Administration, who got the 2016 stock market entirely wrong, pointing investors to the sidelines during […]
Tag Archives: David-Stockman
Stockman: A ‘Disaster Waiting to Happen’
David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out. “I think it’s pretty obvious that the top is in,” the Reagan administration’s OMB director said Thursday … […]