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Billionaire Investor Stanley Druckenmiller Warns Of 'Biggest And Probably Broadest Asset Bubble' — Here's How He's Preparing For 'The Grand Finale'
Wednesday, May 17, 2023 - 1:49pm | 950By increasing borrowing costs and reducing liquidity, interest rate hikes have the potential to cool asset bubbles. But despite the Federal Reserve’s aggressive rate hikes, billionaire investor Stanley Druckenmiller doesn’t believe the bubble has dissipated. “I’m sitting...
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Paul Tudor Jones Says AI Is Going To Drive Long-Term Productivity Boom That Will Create 'Big Winners And Big Losers' In Stock Market
Monday, May 15, 2023 - 12:24pm | 660Billionaire hedge fund manager Paul Tudor Jones expects the broader markets to head higher through the end of the year, but over the next five to 10 years, he sees markets stuck in a trading range filled with big individual winners and losers. What To Know: Jones, the founder...
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Stanley Druckenmiller Says Economy On Brink Of Recession: 'Naive Not To Be Open-Minded To Something...Really Bad Happening'
Tuesday, May 9, 2023 - 11:29pm | 646Stanley Druckenmiller, prominent hedge fund investor and billionaire founder of Duquesne Family Office, thinks the U.S. economy is on the brink of a recession and also predicts there will be a hard landing, according to a report. What Happened: Druckenmiller cited a variety of factors including a...
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Stanley Druckenmiller Says Fiscal Recklessness Of Last Decade 'Has Been Like Watching A Horror Movie Unfold'
Tuesday, May 2, 2023 - 11:32pm | 403Hedge fund investor and long time deficit hawk Stanley Druckenmiller reportedly said the current deadlock over the debt ceiling is dwarfed by the dangers of unchecked future government spending. What Happened: Druckenmiller said on Monday, "The fiscal recklessness of the last decade has been like...
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Why Stanley Druckenmiller Says Recession Is Coming, Expects Dow Jones To Trade Flat Over Next 10 Years: 'We Are In Deep Trouble'
Wednesday, September 28, 2022 - 1:33pm | 507Billionaire investor Stanley Druckenmiller has warned the Federal Reserve's response to inflation is going to be troubling for the U.S. economy. What Happened: Druckenmiller said Wednesday he expects a "hard landing" by the end of next year at CNBC's Delivering Alpha Investor...
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Stanley Druckenmiller Says The Fed Is Endangering The Dollar, Presenting An Opportunity For Cryptocurrency
Tuesday, May 11, 2021 - 12:07pm | 322Bitcoin (CRYPTO: BTC) will likely hold its place as the leading store of value in the cryptocurrency space, but Ethereum (CRYPTO: ETH) will face brutal competition, billionaire investor Stanley Druckenmiller said Tuesday on CNBC's "Squawk Box." Current Federal Reserve ...
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Highlights From Stanley Druckenmiller's CNBC Interview: Coronavirus 'Casualties,' Why He Was 'Far Too Cautious'
Monday, June 8, 2020 - 4:06pm | 512Legendary investor Stanley Druckenmiller was a guest on CNBC's "Squawk Box" Monday to share his thoughts on the market's recovery and what's next for stocks. Growth Vs. Value Stocks: The stock market universe includes a "very limited number" of large-cap...
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Druckenmiller: Global Debt A Looming Problem
Friday, June 7, 2019 - 11:24am | 620Billionaire hedge fund manager Stanley Druckenmiller told CNBC Friday that the U.S. could be in trouble when the next recession hits thanks to the massive amount of corporate debt companies are holding. Druckenmiller isn’t the only expert concerned with debt levels around the world, as...
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Today In Cryptocurrency: Riot Blockchain Subpoenaed, Bitcoin Cash Takes Off
Wednesday, April 18, 2018 - 4:30pm | 542After a slow start to the week, cryptocurrencies traded mostly higher on Wednesday. Here’s a look at some of the headlines that were moving the cryptocurrency market today and which currencies were on the move. Headlines The U.S. Securities and Exchange Commission issued a subpoena to Riot...
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One Year Later: A Look At The 2016 Ira Sohn Conference Picks
Monday, May 8, 2017 - 9:57am | 619The Sohn's Investment Conference brings together some of Wall Street's most notable hedge fund titans in support of a good cause. The event has raised more than $75 million globally over 20 years to fight pediatric cancer and other childhood diseases. As part of the event, hedge fund titans...
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25 Interesting Facts About Forbes' 25 Highest-Earning Hedge Fund Managers
Tuesday, March 28, 2017 - 4:17pm | 1379Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...
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Clinton Supporter George Soros Lost $1 Billion During The 'Trump Rally'
Thursday, January 12, 2017 - 11:06am | 357Billionaire investor and Hillary Clinton backer George Soros has lost nearly $1 billion since the U.S. election, according to the Wall Street Journal. Soros took on a more direct role at his family office mid-last year and made a series of bearish bets. WSJ's report noted that he became...
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Did Monetary Policy Help Trump Win The White House?
Thursday, November 10, 2016 - 5:08pm | 382Did monetary policy help President-elect Donald Trump win the race to the White House? According to billionaire investor Stanley Druckenmiller, the answer is a simple yes. "Of course it did,"Druckenmiller said on Thursday's edition of CNBC's "Squawk Box." "It was just a small part of it. But of...
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Druckenmiller Throws His Support Behind Trump Administration, Says He Is 'Quite, Quite Optimistic'
Thursday, November 10, 2016 - 10:50am | 341Billionaire investor Stanley Druckenmiller threw his support behind a Donald Trump administration, even though he supported John Kasich throughout the Republican nomination. Druckenmiller, the founder of Duquesne Capital, was a guest on CNBC's "Squawk Box" on Thursday to share his outlook on the U....
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Short U.S. Stocks Trade Is Getting Crowded
Thursday, June 9, 2016 - 1:42pm | 325George Soros has reportedly returned to betting against the U.S. stock market. Soros recently directed his $30 billion Soros Fund Management to sell stocks and buy gold and shares of gold miners in anticipation of major market weakness ahead. Soros believes currency outflows in China and an...