“Sell Everything Now” David Stockman Warns, America Faces “Total Disaster…Partisan Warfare”
by Tyler Durden
ZeroHedge.com
Nov 6, 2016
“Under a Trump victory, all bets are off,” warns former Director of the Office of Management and Budget under President Ronald Reagan, David Stockman. “I like [Trump] because he’s against the establishment, but he has no economic program. Yes, he’s a disruptor, but has nothing to disrupt with,” Stockman told CNBC, “if elected, it will be partisan warfare and a total disaster.”
Stockman’s message is clear, as CNBC notes, sell everything…
“The markets are hideously inflated… If you don’t sell before the election, certainly do it afterwards. Government is going to be totally paralyzed regardless of who wins… There could be a 25 percent draw down on markets.”
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