Stanley Druckenmiller is still bullish the market because of the Fed and Trump

said Friday that he agrees with fellow billionaire investor David Tepper's optimism on the market and said he's still "riding the horse."

"In addition, Trump's election prospects have increased with two trade agreements and big win in Iran which the Democrats have responded poorly to," he added. "So I am still 'riding the horse' and bullish immediate term." He blamed the lackluster returns on his conservative bet in June, when he loaded up on U.S. Treasurys after President Donald Trump sent a tweet in May that inflamed U.S.-China trade tensions. Before that, he said, he had been "93% invested in the market."

The fact that Trump is a racist, homophobic criminal doesn’t bother this guy, it’s all about money for this pig.

SquawkCNBC That’s done wall of worry...

I liked it when Stan told CNBC that Fed policies (largely QE) were 'the biggest redistribution of wealth from the middle class and the poor to the rich ever.” I was unsurprised when CNBC didn't follow up on this & remained the Fed's biggest apologist.

Why don't they ever interview people who actually work for a living?

More than one half on Americans are deep into debt and struggle each month to pay the bills and put food on the table.

Just don’t fall off the horse

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Morgan Stanley: Amazon Prime one-day shipping will pay off in long run - Business InsiderMorgan Stanley is even more bullish about Amazon's investment in one-day shipping as it raises its price target: 'This build phase shall too pass'
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Morgan Stanley earnings, retail sales, manufacturing gauge: 3 things to watch for in the markets ThursdayWe'll get earnings from Morgan Stanley, retail sales and Philadelphia Federal Reserve manufacturing index results on Thursday.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Morgan Stanley 4Q earnings smash Wall Street forecasts as revenue jumps across the board | Markets InsiderMorgan Stanley posted fourth-quarter earnings on Thursday that smashed Wall Street's revenue and profit forecasts. Net revenue surged 27% to $10...
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Morgan Stanley is set to report fourth-quarter earnings – here's what the Street expectsDid Morgan Stanley's bond traders match the performance of rivals – or get beaten by them?
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »