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David Stockman: This stock rally has left than a month left; don’t expect much from Trump this year

Jen Rogers, Yahoo Finance, Released on 2/16/17

“There’s no tax cut coming.”

“It’s delusional to think they can get a revenue neutral tax bill through Congress this year.”

David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman’s Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America and Trumped! A Nation on the Brink of Ruin… And How to Bring It Back.

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