Stockman: We’re Drifting Back Into Recession; S&P 500 Headed To 1,300

Melissa Lee, CNBC, Released on 3/21/16

“I would liken the Fed to a blindfolded arsonist that is blind, deaf and lost.”

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, most recently, of The Great Deformation: The Corruption of Capitalism in America.

Notify of

Inline Feedbacks
View all comments