Steven Rattner: If ‘Trump Wins You Will See a Market Crash of Historic Proportions’

SCARBOROUGH Steven Rattner the ░░░░░░░░ are rallying and they ░░░░░░░░ rallying because they think ░░░░░░░░ Clinton is going to ░░░░░░░░ This has got to ░░░░░░░░ really really great news ░░░░░░░░ the Clinton campaign You ░░░░░░░░ to look positively at ░░░░░░░░ as well You look ░░░░░░░░ those numbers They are ░░░░░░░░ up because we know ░░░░░░░░ markets and especially the ░░░░░░░░ markets are always right ░░░░░░░░ like they were right ░░░░░░░░ Marco Rubio and just ░░░░░░░░ they were right with ░░░░░░░░ RATTNER Here we go ░░░░░░░░ This is a happy ░░░░░░░░ right I mean Brexit ░░░░░░░░ anybody go ahead RATTNER ░░░░░░░░ enough Fair enough Maybe ░░░░░░░░ when the prediction markets ░░░░░░░░ right we can have ░░░░░░░░ different discussion But that ░░░░░░░░ not the point I ░░░░░░░░ to make which is ░░░░░░░░ have never seen an ░░░░░░░░ in which the markets ░░░░░░░░ so strong of a ░░░░░░░░ as to what was ░░░░░░░░ and bad about the ░░░░░░░░ And what you saw ░░░░░░░░ the markets rallying yesterday ░░░░░░░░ of the FBI thing ░░░░░░░░ Sunday And the reason ░░░░░░░░ mention this particularly is ░░░░░░░░ the likely event happens ░░░░░░░░ Trump wins you will ░░░░░░░░ a market crash of ░░░░░░░░ proportions I think GEIST ░░░░░░░░ is that as a ░░░░░░░░ matter What do they ░░░░░░░░ will happen if Donald ░░░░░░░░ is president RATTNER They ░░░░░░░░ he is essentially the ░░░░░░░░ there s two levels ░░░░░░░░ they think he s ░░░░░░░░ unsteady hand at the ░░░░░░░░ and the White House ░░░░░░░░ decisions and not knowing ░░░░░░░░ he is talking about ░░░░░░░░ secondly his economic policy ░░░░░░░░ you want to call ░░░░░░░░ that involves these massive ░░░░░░░░ cuts that would blow ░░░░░░░░ the budget deficit and ░░░░░░░░ all kinds of economic ░░░░░░░░ They are terrified of ░░░░░░░░ SCARBOROUGH But the tax ░░░░░░░░ are not the reason ░░░░░░░░ the markets went flat ░░░░░░░░ s the trade It ░░░░░░░░ what he thinks about ░░░░░░░░ it s what he ░░░░░░░░ about protectionism it s ░░░░░░░░ he thinks about global ░░░░░░░░ markets RATTNER And it ░░░░░░░░ also the fact that ░░░░░░░░ s just not a ░░░░░░░░ hand on the tilt ░░░░░░░░ they have no idea ░░░░░░░░ he s going to ░░░░░░░░ and it scares the ░░░░░░░░ out of them.”