Friday, September 20, 2013

No Taper Response: Stanley Druckenmiller

Stanley Druckenmiller spoke with CNBC this week on the Fed's decision not to taper. Druckenmiller was the lead portfolio manager for George Soros and the Quantum Fund from 1988 to 2000. He profited heavily during the financial crisis in 2008 (unlike most talking heads), and he is currently worth 3 billion dollars.

Fast forward to the 8 minute mark for his analysis:

1 comment:

  1. What a load of WANK!

    CNBs is utter garbage - duh - the Fed CANNOT TAPER!

    Liesman is a clown - just say it - if they taper the economy collapses.

    As for Bernanke - this is NOT his decision - he is an errand boy - the Fed is owned by the big banks - THEY make all decisions - the chairman is a front man - just as the president is - for the big banks.

    And I leave it to you to determine who owns/controls the big banks

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