Ep. 324: David Stockman Interview with Michael Covel on Trend Following Radio

Published: March 6, 2015, 3 a.m.

My guest today is David Stockman. Those that follow business and politics in the United States will recognize his name. Stockman has been a businessman, a Congressman, and Director of the Office of Management and Budget under President Ronald Reagan.

The topic is his book The Great Deformation: The Corruption of Capitalism in America.

In this episode of Trend Following Radio we discuss:

  • Woodrow Wilson piece
  • How Wilson brought the US into World War I and how the pain of the 1930\u2019s and the pivot point of the 20th century was connected
  • Why the ATM\u2019s going dark in 2008 wasn\u2019t a true possibility
  • Zero interest rate policy and how we\u2019re forcing people to spend down principal
  • How the Fed can generate massive bubbles

Jump in!

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I\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\u2019m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I\u2019d like to give you a great piece of advice you can use in your life and trading journey\u2026 cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can\u2019t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!