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David Stockman, the man widely credited as the “Father of Reaganomics”, delivered an alarming message to investors. Sell everything! “The markets are hideously inflated,” warned Stockman on CNBC’s “Fast Money” this week. The former Director of the Office of Management and Budget under President Ronald Reagan urged investors to dump stocks and bonds ahead of the dangers that both Donald Trump and Hillary Clinton pose to markets if either is elected as President. “If you don’t sell before the election, certainly do it afterwards. Government is going to be totally paralyzed regardless of who wins,” he said. “There could be a 25 percent draw down on markets.”

Source: David Stockman warns both Trump and Clinton could lead to 25% sell-off