iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,473 Blog Posts

Stockman: U.S. Recession is Imminent, Massive Stock Market Crash Ahead

Amongst other things the chatty David Stockman discussed on CNBC today was the failed Fed policies, U.S. elections and how Republicans would move to impeach Hillary almost immediately after getting elected, the looming recession thanks in large part of the business cycle, massive stock market crash, and the media bias against Trump.

All in all, a very entertaining listen.

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14 comments

  1. jsal56

    Gird your panties Fly.

    The election is not over.

    Ask yourself why are GOP elites (see Dan Senor) and the media trying to destroy Trump?

    Obviously, they think he could win.

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    • Dr. Fly

      The election might be over, but the meltdown has only just begun.

      I was here way before Trump was a topic and will be here far after he’s left our memories.

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  2. uglyflint

    On November 8th at 2:55 pm central buy massive amounts of s&p puts as you can. Triple the fun with tvix.

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  3. og

    Is that Bluestar?

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  4. rigged game

    Why have the Fed’s policies “failed”? The stock market has TRIPLED under Obama,
    banks and auto companies have been saved, 15,000,000 new jobs; a $15 / hour
    minimum wage is going into effect, public Pension funds have been bailed out,
    housing values have DOUBLED since the Bush Depression, corporate profits
    are up big and bonds are near their record high.

    And the jackasses like Stockman and the Republicans have been doomsaying
    since Obama was sworn in. The USA has it pretty good right now!

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  5. aformalcat

    Fly when will TLT turn??

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