David Stockman debt economy fed inflation

David Stockman: ‘Run! This Casino Is About To Blow’

"... if you are still in the Wall Street casino, run don't walk toward the nearest emergency exit."

"... if you are still in the Wall Street casino, run don't walk toward the nearest emergency exit."
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2 comments on “David Stockman: ‘Run! This Casino Is About To Blow’

  1. Curt Tyner

    Wow, the sh*t has already hit the fan just as the Titanic was sunk while it was still floating.

  2. Curt
    some has hit the fan but not enough YET.
    again who wants to lend money to anyone at 1.25% for 10, 20, 30 years–F’n stupid.
    surely not for safety. i guess my point is;
    what is it going to take to find price discovery along with some type of reversion to the mean?
    will we get back 10/12pe or maybe 14/18pe–no one knows.
    lots of bear graphs out there to tempt. us–but really–don’t we know (or i think) .gov’s around the world will dump rates again. popularizing japanifacation. probably, so i think. that said there my not be price discovery until the bond guys/gals with billions if not trillions of usd say no, we don’t want your stuff any more–no more loans for you this week.
    THAT’S WHEN WE WILL GET PRICE DISCOVERY. no telling what that out come is other than scary, very very scary.
    it’s going to be one helluva ride for the next couple of years is my guess. do the best you can to trade it. so much for passive investing–the baby did get thrown out with the bath water a long time ago.
    good luck all.
    sorry for the bad English.

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