Want to create an interactive transcript for this episode?
Podcast: Michael Covel's Trend Following
Episode: Ep. 497: David Stockman Interview #2 with Michael Covel on Trend Following Radio
Description: David Stockman is on the podcast today for his second appearance. He is a former United States congressman, who also served as the Director of The Office of Management and Budget under president Ronald Reagan. His books include, “The Great Deformation”, and “Trumped: A Nation on the Brink of Ruin… And How to Bring it Back”. Michael and David start off discussing the recent news of Larry Summers suggesting that the Fed should start buying common stocks. David says that this is an act of sheer desperation and that any economist, 20 years ago, would have never come up with su...