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David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge

Please see the source for the video.   David Stockman is warning about the Trump administration’s tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the Reagan administration’s director of the Office of Management and Budget, isn’t stepping away from his thesis that the 8½-year-old rally is in serious danger. […]

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