Thursday , November 22 2018
Home / David Stockman's Contra Corner / Market Crash? Another Red Card for the Economy

Market Crash? Another Red Card for the Economy

Summary:
A few months ago I wrote this article at the World Economic Forum called “A Yellow Card For The Global Economy“. It tried to serve as a warning on the rising imbalances of the emerging and leading economies. Unfortunately, since then, those imbalances have continued to rise and market complacency reached new highs. This week, financial markets have been dyed red and the stock market reaction adds to concerns about a possible impending recession. http://Market crash? Another red card for the economy

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes Meet The Washington-Supported Azov Battalion’s Trainees—-American White Supremicists

David Stockman writes Red Ponzi’s Ticking Debt Bomb—-Corporate Cross-Guarantees

David Stockman writes Why Another Volatility Spike May Be Dead Ahead

David Stockman writes The Reaganite Tax Cut Myth—It Was Just Trumpian/GOP Fiscal Snake Oil, Part 1

A few months ago I wrote this article at the World Economic Forum called “A Yellow Card For The Global Economy“. It tried to serve as a warning on the rising imbalances of the emerging and leading economies. Unfortunately, since then, those imbalances have continued to rise and market complacency reached new highs.

This week, financial markets have been dyed red and the stock market reaction adds to concerns about a possible impending recession.

http://Market crash? Another red card for the economy

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *