Druckenmiller: 3 Things That Will ‘Definitely Trigger a Bear Market’
“If there’s a political event, (a) change of leadership in the White House that goes to some of the anti-capitalists."
“If there’s a political event, (a) change of leadership in the White House that goes to some of the anti-capitalists."
Persistently low interest rates and Fed money printing is leading the bull market to new heights.
by Eugene Townes | Dec 20, 2019 | Investing, Markets
His fund has managed to reach double-digit returns in 2019, while the S&P 500 is up more than 27%.
For it's part, GE has denied the claims and said the fraud claims are pure "market manipulation."
He also said previously that mounting corporate debt is putting the U.S. in dire straits for the next recession.
by Eugene Townes | Jul 3, 2019 | News
He also pointed out that the way the central bank is measuring inflation right now is wrong.
Druckenmiller: "Animal spirits is something you can’t measure, but confidence matters."
“When the Trump tweet went out, I went from 93% invested to net flat and bought a bunch of Treasurys."
Druckenmiller said he hopes the winner is more centrist and not pushing a socialist agenda.
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