Sunday, May 15, 2016

David Stockman* Warns Investors
To Get Out Of Stocks
David Stockman* warns that "we have reached the cyclical top in both GDP and earnings," which leaves a market trading at extremely expensive levels - "why would you stay in?" Stockman believes that the world economy is heading into a "deep and lasting deflationary recession." .. sees the potential for 40% downside & just 2% upside in stocks .. 10 minutes

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