CNBCのインスタグラム(cnbc) - 11月6日 09時10分

A 40% stock market plunge is closing in on Wall Street, warned David Stockman.
Stockman, who served as President Reagan’s Office of Management and Budget director, has long warned of a deep down turn that would shake the most bullish investors. And we’re finally seeing an early tremor of the pain that lies ahead. He suggested taking a look at the S&P 500, as it tries to rebound from its worst month since 2011. “Fair value of the S&P going into the next recession is well below 2000, 1500 – way below where we are today,” Stockman said. “No one has outlawed recessions. We’re within a year or two of one.” He also touched on Trump, the Fed, and the ongoing trade war, all in the link in bio. *
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#stocks #stockmarket #stock #investing #investor #investment #money #cash #trump #tradewar #recession #economy #cnbc

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