Deficit Cavuto: Cavuto and Stockman I

deficit cavuto: Here's an exchange between Cavuto and Stockman during the nearly 8-minute segment, in which the businessman cautioned that the end of easy-money policies by the Federal Reserve would ultimately augur ill for a country hopped up on debt and boasting a growing trillion-dollar deficit Cavuto When is that day of reckoning I'd like to know Stockman I think we're here, according to Market Watch. I think we're here because the Fed stopped buying bonds two years ago. The 72-year-old politician and businessman, who was the director of Office of Management and Budget under President Ronald Reagan in the 1980s, told Fox Business's Neil Cavuto on Thursday that investors ought to get out of the market and retreat to the presumed safety of Treasury bills and cold, hard cash. Cavuto What would you invest in Stockman I think you get out of the market. However, his White House and fiscal policy pedigree have made him a hard-to-ignore voice on the outlook for the market and the economy. The bond market, the stock market, put your money in cash, put your money in Treasury bills, wait for the collapse to come because it's going to happen Stockman has been a persistent doomsayer whose forecasts have yet to materialize. (news.financializer.com). As reported in the news.