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The Devil’s Workshop Has A Bad Hair Day

Summary:
It doesn’t get any more self-evident than this. To wit, according to Bank of America the tsunami of fresh cash into the stock market casinos this year has been off-the charts of history: If there’s a single stat to capture the insatiable appetite for stocks this year, it’s the sum of cash that went into […]

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It doesn’t get any more self-evident than this. To wit, according to Bank of America the tsunami of fresh cash into the stock market casinos this year has been off-the charts of history: If there’s a single stat to capture the insatiable appetite for stocks this year, it’s the sum of cash that went into […]
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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