Economist warns stock market decline 'grossly' underestimated, facing a 'real long-term problem'

Former Reagan economist Art Laffer argues the stock market is in a 'long secular decline' in asset values and growth that will last much longer than one economic cycle to on 'Cavuto: Coast to Coast.' #foxbusiness #cavuto

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

[otisdriftwood]

I'm almost 50, and I've worked hard all my life. The government is giving my tax dollars away to people who don't do anything. This is so frustrating.

[donaldwatson]

Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.

[patriciakidd]

Mr. Art Laffer you are the best and I'm able to understand exactly what you're telling us. It's high time to make changes in this government before we become a third world country.

[TheGhostTree]

Words of wisdom!! Their worst fear is everyone working together against the forces of evil. 👏

[lucagreco]

.The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies.

[mdp]

Every Republican Senator Voting for this Spending Bill needs Voted out of Congress! Scream Inflation, but basically VOTE TO CONTINUE INFLATION!

[donwilson]

Each Senator should be required to sit thru a 6 mo economic education with this man!!

[supermardy]

Both parties are Garbage system broken

[richardyepesdiego]

Although the companies in my portfolio are solid, last year was a loss. In my first year of investing, I experienced a 35% decline in the March/April sell-off and a further 17% decline in the most recent sell-off. I earn my money via hard work, thus investing makes me anxious and depressed. I'm uncertain if I should sell everything and wait.

[patriciacarlos]

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

[amanacatandhisdog]

Primary John coryn for Texas senator next time. These republican senators just betrayed us.

[jvolstad]

The government needs to get out of the housing business.

[jessemongia]

Mitch McConnell is one of the ten RINO'S that has supported this bill a long time ago and never read it or know what's in it .

[stephweissinger]

I keep saying, You think we're in a recession?
You haven't seen anything yet. 😡

[suzanneclark]

All the experts say the market will crash.

[haminguyen]

I already own shares of Tattooed Chefs and Kairos Minerals, and I'll buy some Corsair as well. Sure, I don't mind having these equities sit around for a few years, but I'd also like to appreciate short-term profitable investments that could, say, turn $100K into $250K.

[randyinman]

You forgot how good trump made are country.

[CoreyChambersLA]

We can't afford more Japanification of America's economy, especially since America lacks Japan's cleanliness and safety.

[stevenorosz]

Food prices are going up. Inflation is getting worse

[roberts.]

Yes...the Roaring 2020's will end in a pile of poop.