Stanley Druckenmiller: If a 'crazy' Democrat beats Trump, stocks will drop 'a lot'

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Billionaire hedge fund investor Stanley Druckenmiller thinks President Trump will lose his re-election bid, but he’s especially concerned that a far-left Democrat will beat him and hurt stocks.

Druckenmiller said he believes Trump will lose his re-election bid thanks to discontent in key swing states. He just hopes the winner is more centrist and not one espousing socialist policies.

P/E is shorthand for the price-earnings ratio, a metric used by investors to gauge the relative expensiveness of securities. When P/Es are high, investors believe the growth outlook for the economy is strong and are willing to pay more for each dollar of earnings. It's the viewpoint of Druckenmiller and other hedge fund managers that a far-left candidate would reduce investors' appetite for paying up for stocks.

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 /  🏆 12. in TH
 

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Wait. So we cant get everyone free stuff ?

This guy wants AI to be owned by the one percent so we can all be slaves, Bernie is a threat to their forward thinking slavery

If a “crazy” democrat gets in your man will pay his fairshare in taxes. With his current “crazy” in charge, he can enjoy his massive tax breaks while railing against middle America’s entitlements. MoneyOverCountry

Nope.

Progressive Dems are always good for Tech companies and will be good for upcoming Tech era. The economy is at an inflection point where every industry is adopting tech especially retail. WMT TGT COST have cleverly adopted tech in a way that will boost their market value and jobs

So sad, if a Democrat win Stanley might actually have to pay his fair share of the tax burden...

We’ll take our chances

This is exactly what they said about Obama in 2008

KOO-koo

Hurt stocks? Look at what hell we currently have for a President?

If this did happen, retired people would get hurt the most out of the gate. Then those with jobs could kiss them good by. No way a company is going to stay in America and get taxed to death. FACT

Don’t worry Stanley. You may have never met a liberal. Hi! It’s going to be Biden and you can keep your billions and pay low taxes

If I were the powers of the Democratic Party I would beg, cajole and scream at Jaime Dimon to declare his candidacy.

The markets are going to crash eventually because Republicans keep giving more money to guys like Stanley Druckenmiller.

I'll just vote for the guy who won't take my guns

This is another source of proof that if Resistance keeps going Trump will lose. However he is wrong about the Next President as it will be Joe Biden a centrist. However stock values is not a good Reason as automation takes manufacturing jobs a safety net in Healthcare is needed.

Poor billionaire and his stocks! :(

The nominee will be Biden. Not much to be scared of. Trump isn't exactly a model of sane stability either. I score it 55/45 odds Trump will be elected. Lots of people don't like Trump because he is an asshole but when they open their 401K statements, they will put up with him.

Historically Dems have helped stocks

Whomever brings us out of this horrific trade situation that Trump has generated will lift the market. And honestly I'll rather my stocks go down in the short term than see people go bankrupt because they get cancer or see their child die because they can't afford the medicine.

You know who else hurts stock? Wall Street. They brought the global economy to the brink of ruin multiple times.

He is only concern about his stocks and not about the children of God not able to afford housing, healthcare and college.

The market did better under Obama than Trump thus far. So, a certain party affiliated president isn’t the problem as much as the actual person in charge.

Not so sure Trump will lose......when push comes to shove, it’s hard to for a lot of working class people to push the lever for this group of looney leftists......but they don’t admit it in polls:-))

This individual is wrong in his first thought (Trump will not lose in 2020) but right on his second. if for some unseen circumstances Trump loses the econ’s and the stock market will collapse.

Nah. Trump will win. America is too fucked up to save itself.

You know what will really hurt stocks? ClimateEmergency

All Democrats are crazies

We Dems are working hard to not allow the far left to control the party. I hope we can wad off the deluge that the Republicans could not. Wish us luck.

Druckenmiller COULD also poop in his pants on the trip home tonight. That could word is really meaningless. Normally, the market goes up much more with a Democratic president.

He shut down the govt and withheld their pay over a game. Hopefully the workers remember that come election day.

Need investors for inventions

Never doubt the intelligence of Americans. They are the ones who elected Trump and they will elect him again.

This is the very definition of a sociopath.

You don’t have confidence in your man

cant have it both ways....its good economy or 'no more Trump'....cant have both!

you are dreamer, Donald is undisputed victor on 2020

First article I read predicting that. written by a Harvard puke.

Then he hasn’t been paying attention!! TRUMP2020Landside

Not of he gets a trade deal with China, and works out an agreement with Mexico and Canada.

With the R’s keeping interest rates low it’s helping companies do stock buybacks which keeps the market artificially high. Forcing savers to put our dollars at risk in the market.

Murder Ink. Stock secret discretion Stacking? ☆House of Holocaust Cards

Here it is in a nutshell folks.Billionaires who earned the lion’s share of their portfolios because of the wholesale deregulation and pilfering under Bush from 2000-2008 like their illegally earned money. Don’t change a thing! How many more billions does a multi billionaire need?

There's a reason why Democratic presidencies have by verifiable if little known statistics soundly outperformed Republican ones when it comes to economic success. Liberal policies work for the economy; Needless wars undermine and bleed it.

Au contraire, American civilization could choose to remember the vision and the ambition of John F Kennedy and realize that a civilized nation engages and looks out for all citizens; Just as germanely there are 100 worthy issues needing meaningful reform, but we have gridlock!

When you watch the media. It’s almost 100% negative on trump I can see him thinking trump work lose and to a super far left dem. But I see trump being re-elected

Yeah those crazy Democratic candidates, no one knows what they'll do, it's quite frightening. Who you gonna call:

With so many false prophets, I am surprised that American republic survived as long as it has!

What’s the wager he’s willing to make?

Oh no not the stocks!

'The profits of multi billion dollar corporations are more important to me than the fact that millions of Americans have no healthcare, cant afford an education, and are in jail for nonviolent drug offenses.'

No crazy Dem will get it. There will be a more centrist unifying candidate. I'm thinking it's Biden.

I think it will be a centrist. Between the meditate Democrats and moderate Republicans, and Independents, I think a centrist will be nominated in the democratic primary.

because billionaire hedge fund managers care so deeply about the fate of the nations workers?

I'm afraid this guy might be right. Be very afraid. Grave times ahead. Godhavemercy

IF FAR-LEFT WINS THAN IT WILL BE THE END OF AMERICA AS WE KNOW IT.

Sure, the country does not matter as long as his stock portfolio is making him billions 🤬🤬🤬

It is all about money for some people.

Does he really trust this buffoon to manage a financial crisis?

he's been hanging around too many RINO circles; PeteButtigieg is the only lib who stands a shot at converting borderline GOP voters.

It’s starting. Trump as the darling of Wall St. is showing cracks in the Wall.

He can move to Russia.

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