Economist issues dire warning over the 'catastrophic' threat to markets
1. Former Trump advisor warns against raising tax rates impacting market stability. 2. Market panic could lead to significant stock sell-offs during volatility. 3. Tax cuts for nearly all Americans are crucial as expiration approaches. 4. Historical data shows significant stock market gains during Trump's presidency. 5. Short-term pain may lead to better trade deals and long-term market recovery.