David Stockman

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Last quote by David Stockman

Trump is living up to his reputation as the great disrupter. I don't see the tax bill happening before year-end. Even if something passes next year, it will be a pale shadow of what people are talking about and what the market seems to have priced in.feedback
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Oct 27 2017
In this page, you will find a list of 33 quotes from David Stockman, from different articles. We analyzed 12 articles in which David Stockman has been quoted in topics like Ronald Reagan and Donald Trump. David Stockman’s most recent quote is: “This is a fiscal disaster that when they [Wall Street] begin to look at it, they'll see it's not even remotely paid for. This bill will go down for the count.”. To see more examples David Stockman’s views and opinions, check out the section below.
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David Stockman quotes

Mar 05 2017

I see nothing to re-accelerate the economy or profits, and I see a huge mess, bloodbath, fiscal stalemate in Washington that will remove any of the stimulus that any of the traders are expecting from infrastructure and big tax cuts and all the rest.feedback

Feb 12 2017

What's going on today is complete insanity. The market is apparently pricing in a huge Trump stimulus. But if you just look at the real world out there, the only thing that's going to happen is a fiscal bloodbath and a White House train wreck like never before in U.S. history. There's going to be no tax action this year. If there's any next year it will be deficit neutral, which means it's not going to add the $15 to earnings like these people expect.feedback

Feb 12 2017

My argument is there is not going to be any economic rebound, there is not going to be any profit surge. Therefore the market will be repricing dramatically downward once it's clear that that's the case.feedback

Jan 21 2017

If Ronald Reagan couldn't drain the Swamp way back then, how in the world after 36-years of relentless self-aggrandizement by the Imperial City [Washington, D.C.] can Donald Trump do it now?feedback

Jan 21 2017

His fiscal program will cause a political and legislative conflagration owing to $1 trillion in annual deficits. This won't be the kind of giant accidental Keynesian stimulus that caused the mid-1980s Reagan boom.feedback

Jan 21 2017 - Mexican wall

That's before Trump borrows a single dime to fund his Mexican wall, defense build-up, tax cuts, infrastructure boondoggles, veterans benefits and border enforcement initiatives.feedback

Jan 21 2017

The market is pricing the second coming of Ronald Reagan, but the newsflash on the eve of the inauguration is that there's no reincarnation coming.feedback

Jan 21 2017

We're at the diametrically opposite position that we were in 1980.feedback

Nov 23 2016

My call stands. Sell the stocks, sell the bonds, get out of the casino. Bonds have already cratered by nearly $2 trillion worldwide and have miles to go. This isn't a rotation into stocks, either. It's the greatest sucker's rally ever.feedback

Nov 23 2016

This 5 percent eruption is meaningless. It's some robo machine trying to tag new highs. I see a recession coming down the pike in 2017. The stock market is going to go down and it's going to stay down long and hard because, for the first time in 25 years, there's nothing to bail it out.feedback

Nov 23 2016

So when the recession hits this summer, the Fed will be out of dry powder and fiscal policy will be paralyzed. This time the market will crash and stay crashed.feedback

Nov 05 2016

I like him because he's against the establishment, but he has no economic program. Yes, he's a disruptor, but has nothing to disrupt with.feedback

Nov 05 2016

We're in the same place today as we were in December of 2014. There's massive risk. So what's the possible reward?feedback

Nov 05 2016

If elected, it will be partisan warfare and a total disaster. Under a Trump victory, all bets are off.feedback

Nov 05 2016

The markets are hideously inflated.feedback

Nov 05 2016

Therefore, there will be no baton handed off from the Fed to fiscal policy as we slide into recession.feedback

Nov 05 2016

For six months, or even longer, there will acrimony, there will be brinkmanship, there will be paralysis. There will be a swarm of house committees doing investigations from all of these wiki leaks!feedback

Oct 12 2016

Growth over the last four quarters has averaged 1.3 percent, that's barely stall speed [and] we have inventories building up. If you look at concurrent indicators of the economy such as freight shipments and so forth, they're weak and negative. Capital spending is down double digits and exports are down and so forth.feedback

Oct 12 2016

I think it's going to be a very nasty time in the year ahead.feedback

Oct 12 2016

I think it's going to be so contentious in the House because [Paul] Ryan has moved to protect his House majority, that it's very likely that investigations will begin immediately. And within any kind of excuse, they will try to impeach Hillary Clinton barely after she gets in office.feedback

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