Mark Cuban, an outspoken detractor of Donald Trump, went on CNBC on Tuesday to elaborate on his bearish view of what could happen to the stock market should Hillary Clinton lose the election.

“ “If Trump wins, I’m already hedged... I’ve put on the biggest hedge I’ve ever put on against all my equities and interest-bearing bonds.” ” — Mark Cuban

Cuban went on to say that a “stupid and offensive” Trump remark during his presidency could set off geopolitical discord and reverberate across global markets.