‘Father of Reaganomics’ says ‘get out of the market’ — bond and stock market — ‘and put your money in cash’

David Stockton is consistent with his bearish predictions.

He appeared on Neil Cavuto's show and said that the easy money policy of the Fed is going to cause a market crash. Investors should bail now and move all holdings to bonds and cash.

This is a song that Stockton sang for a number of years. So far, he was wrong. The Fed's easy money policy is now closing in on a decade yet, in spite of record debt, we are seeing the stock market close to all time highs.

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