Stocks are a 'disaster waiting to happen': Stockman

"I think it's pretty obvious that the top is in," the Reagan administration's OMB director said Thursday on CNBC's "Futures Now." The S&P 500 has traded in a historically narrow range for the better part of 2015, having moved just 1 percent higher year to date. "It's just waiting for the knee-jerk bulls, robo traders and dip buyers to finally capitulate."

Article and video: http://www.cnbc.com/2015/08/07/stock...-stockman.html