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Coming Up Snake Eyes, Part 2

Summary:
As we said in Part 1, the rips and routs of the meme stocks are just the prequel to the big correction that’s coming to fantastically inflated markets everywhere. In particular, they are a reminder of what happens when markets become completely decoupled from the fundamentals and degenerate into pure eyes-wide-shut gambling joints. Thus, it […]

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As we said in Part 1, the rips and routs of the meme stocks are just the prequel to the big correction that’s coming to fantastically inflated markets everywhere. In particular, they are a reminder of what happens when markets become completely decoupled from the fundamentals and degenerate into pure eyes-wide-shut gambling joints. Thus, it […]
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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