One of my favourite investors talking sense:
Looking for a V-shaped economic recovery? Not so fast, Druckenmiller warns. pic.twitter.com/DyFbjxmbvZ
— The Economic Club NY (@EconClubNY) May 12, 2020
“I pray I’m wrong on this, but I just think that the V-out is a fantasy,” the legendary hedge fund manager said, referring to a V-shaped recovery.
With markets, “the consensus seems to be don’t worry, the Fed has your back,” Druckenmiller said. “There’s one problem with that, our analysis says it’s not true.” #ECNYDruckenmiller pic.twitter.com/VWH6m3fALs
— The Economic Club NY (@EconClubNY) May 12, 2020
With markets, “the consensus seems to be don’t worry, the Fed has your back,” Druckenmiller said. “There’s one problem with that, our analysis says it’s not true.” #ECNYDruckenmiller pic.twitter.com/VWH6m3fALs
— The Economic Club NY (@EconClubNY) May 12, 2020
MOAR!