‘Extreme Caution’: Fox Business Guest Blares Alarm On Trump Economy

Filed 1mo ago · Via HuffPost · The Buffoon Desk

THIS STORY IS SCORED

Bass Walker

Kevin MacLeod · incompetech.com · CC BY 4.0

Photo: The White House from Washington, DC · Public domain · via Wikimedia Commons

Bear Traps Report founder Lawrence McDonald told Fox Business host Cheryl Casone that rising global bond yields and tariff 'diminishing returns' under the Trump administration bear troubling similarities to conditions before the 1987 Black Monday crash. He warned that as bonds start offering competitive returns against stocks, the risk-reward calculation for investors deteriorates.

McDonald stopped short of forecasting a crash, urging 'extreme caution' instead, and suggested investors follow Warren Buffett's example by holding cash reserves and avoiding crowded trades.

The full dispatch is available from the source below.

✒ FROM THE EDITORIAL DESK

Nothing reassures markets quite like a guest invoking 1987 and then clarifying he's not really saying that, wink, while sitting on a network that spent the previous segment getting its own gas price math backwards. If the message is 'extreme caution' delivered with a shrug, the audience is left to do the worrying that the analysis declined to finish.

Source: Read the original at HuffPost → Scored: Bass Walker · Kevin MacLeod · CC BY 4.0