David Stockman Compares ‘This Time’, To Last Time And It Actually Is ‘Different’

By David Stockman as originally published on Contra Corner and reprinted here with permission If you don't think the stock market is a giant accident waiting to happen, just consider the two most crucial developments----soaring stocks and soaring deficits--- since November 7, 2016. First, on the lunacy side of the equation, the S&P 500 was up 35% at its 2873 peak on January 26, and now the dip-buyers, chart-readers and robo-machines are trying mightily to retest that level after

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4 thoughts on “David Stockman Compares ‘This Time’, To Last Time And It Actually Is ‘Different’”

Man Stockman makes me seriously think with every article. My options portfolio will have a healthier amount of short bull call spreads and long OOM puts. Watching CTA flows for when to expect downside pressures on the futures front. Almost there after today… but regardless over the short-medium term, I see strong pressure on both sides. Gonna be choppy markets for 6 months til the next catalyst sends shit spiralling