Stan Druckenmiller is betting on the unexpected. With one of the best long-term track records in money management, he is anticipating three surprises: Improving economy in China, Rising oil prices, and no Federal Reserve interest rate increase in 2015.
Stan Druckenmiller: Zero-Interest Rates Unnecessary
To hash quote Noahopinion “Yeah, sure, if you put out hand-wavey reports saying “Obama socialism sux, there’s gonna be a crash!” every year or two, you’re eventually going to be able to say “see, I told you so”.
> Rising oil prices
Is that possible in view of all the dire predictions that oil was heading into the 30s and even 20s? :)
Hugely interesting and experienced insights from Druckenmiiller on debt, interest rates, currencies and stock markets. Many thanks.