This Is The Most Hideously Overvalued Market In History
TheDailyReckoning, June 18, 2017
“Markets go up on an escalator, they come down on an elevator. This is the most hideously overvalued market in history.”
David Stockman is a former Cabinet member where he served as the Director for Office of Management and Budget under President Ronald Reagan. Ranging from 1976 to 1981 Stockman also served in the U.S Congress. He went on to be a senior managing director of The Blackstone Group. The economic and financial analyst is now a best-selling author with his most recent book, Trumped! A Nation on the Brink… And How to Bring it Back.
«We have a government that is in total chaos. A president that they’re trying to unseat. A debt ceiling that can’t be raised. A tax bill that will never pass. Going into all of that, to say nothing of the red Ponzi in China that one of these days will spill its guts all over the world economy.
“And you want to pay twenty-five times earnings for today’s stock? Be my guest. This is a mania.”
David Stockman then targeted his sober analysis highlighting, “the Fed opened up the stimulus shoot and printed money like there was no tomorrow. Seven weeks after the Lehman bankruptcy [former Federal Reserve Chairman] Bernanke doubled the size of the balance sheet [of the Fed] from $900 to 1.8 trillion. He did in seven weeks what the Fed did in ninety-four years. They can’t do it again.»
“Anyone who is in the market today needs to get out of the market and out of harm’s way.”
Здешние политиканы, «эксперты», подконтрольные ЦРУ СМ»И» продолжают нахваливать псевдодемократическую Америку.
Те, кто любит «наших американских партнеров», «забывают» о грязных, злых уродах США. О таких монстрах, как коварный и крайне опасный мошенник, расист, лжец, и убийца Дональд Трамп. И о таких, как порочный, воинственный Конгресс, фашистские ФБР и ЦРУ, лживые американские СМ”И”…
Кричите вместе: «АМЕРИКА ВЫШЕ ВСЕХ! AMERICA FIRST! НАШ ТРАМП!, НАШ ТРАМП!…”
Арнольд Локшин, политэмигрант из США