David Stockman on markets, Fed and fairies

Stockman starts his entertaining and quite informed rant at 1:22 and ends at 9:02, the preamble and afterword are the usual CNBC slapstick, “reporting from the mother ship”…funny.  More like “live from bubble-vision headquarters.”  Meanwhile viewers keep falling month after month with each implosive asset pump from the CNBC “trading experts”.  It would be pure comedy except for the damage they inflict on the unsuspecting.

Former OMB Director David Stockman, weighs in on whether a December rate hike is in play and how to trade bonds now.  Here is a direct video link.

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