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The Future Is Always Awesome….Not! (Part 1)

Summary:
The crack-up is surely coming soon. The market closed today with the strongest monthly gain since January 1987, but why a monthly gain compared to one from that particular year is something to brag about is beyond us. After all, a few months later in October, the infamous Black Monday meltdown of 23% occurred, and […]

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The crack-up is surely coming soon. The market closed today with the strongest monthly gain since January 1987, but why a monthly gain compared to one from that particular year is something to brag about is beyond us. After all, a few months later in October, the infamous Black Monday meltdown of 23% occurred, and […]
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.

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