Billionaire investor Stanley Druckenmiller sees a “hard landing” for the U.S. economy by the end of 2023 as the Federal Reserve’s aggressive monetary tightening will result in a recession. “I will be...
Tag: Druckenmiller
Billionaire Stanley Druckenmiller Says One Catalyst Could Trigger ‘Big Role’ for Crypto in the Future
Billionaire investor and hedge fund legend Stanley Druckenmiller is expressing optimism over crypto assets. Druckenmiller says in a CNBC interview that the lack of confidence and trust in central bank...
Billionaire Stan Druckenmiller Discusses Cryptocurrency Having ‘Big Role in a Renaissance’ — ‘People Aren’t Going to Trust Central Banks’
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He adde...
Warner Music partners with OpenSea, Druckenmiller sees ‘big role’ for cryptocurrency as central bank trust evaporates
The biggest news in the cryptosphere for Sept. 29 includes investor Stanley Druckenmiller saying cryptocurrency has a big role to play as trust in central banks declines, ZachXBT alleging that crypto ...
Druckenmiller sees ‘big role’ for cryptocurrency as central bank trust evaporates
Famed investor Stanley Druckenmiller said cryptocurrency could have a “big role” as people seek alternatives to fiat money. The comments came in a CNBC interview with host Joe Kernen in which the pair...
Stan Druckenmiller Says Advantage Crypto, Come Recession Next Year
American investor Stan Druckenmiller is confident of a recession happening in 2023. He expects a recession next year followed by markets that may stagnate for a decade thereafter. Meanwhile, Stan Druc...
Billionaire investor S. Druckenmiller says mistrust in central banks could lead to crypto ‘renaissance’
The prevailing macroeconomic factors dominated by soaring inflation have impacted equities and the cryptocurrency market, with both sectors recording historical crashes. Notably, amid the conditions, ...
Legendary investor Druckenmiller predicts a bleak future warning ‘we’re in deep trouble’
The year 2022 may go down in history as the year of peak bearishness on macroeconomic factors as the war in Ukraine rages on, inflation keeps on hiking upwards, followed up by rate hikes, an energy cr...
Stanley Druckenmiller Predicts Potential Crypto “Renaissance” if Central Bank Faith is Lost
Billionaire investor Stanley Druckenmiller said that crypto could make a comeback as citizens begin to distrust their central banks. The hedge fund manager sees this outcome as increasingly possible ...
Crypto Could Enjoy “Renaissance” as Trust in Banks Fades: Druckenmiller
Key Takeaways Legendary investor Stanley Druckenmiller has hinted at a “renaissance” for the crypto space if public trust fades in central banks. Still, rate hikes from the Fed and worseni...
Legendary investor Stanley Druckenmiller warns there is a “high probability” the stock market will be “flat” for an entire decade
After a hotter-than-expected inflation reading spooked investors on Tuesday, the Dow Jones industrial average sank over 1,200 points in the stock market’s worst showing since June 2020. That same day,...
Druckenmiller Sold Big Tech in Bear Market as Soros Dove Back In
(Bloomberg) — Stanley Druckenmiller’s family office took a different approach than the investment firm of his former mentor, George Soros, as US stocks entered a bear market and reached their lo...
Billionaire Stanley Druckenmiller Says Bitcoin Beats Gold in a Bull Market Inflationary Environment – Here’s Why
Billionaire investor Stanley Druckenmiller is outlining when he thinks it’s smart to own Bitcoin (BTC) and when he thinks it’s better to own gold. While speaking at a recent Sohn Conference panel, the...
Despite Market Retracements, Stan Druckenmiller Still Prefers Bitcoin Over Gold
The American investor, hedge fund manager, and philanthropist – Stanley Druckenmiller – believes the US economy is heading towards recession “sometime in 2023.” Amid his projection of an “inflationary...
Bitcoin Over Gold, It Is What Stanley Druckenmiller Prefers In The Inflationary Bull Market
Stanley Druckenmiller, the prominent billionaire hedge fund manager has recently expressed his views about Bitcoin and gold, and how he wants to hold both of them. This was while he was giving an inte...
Druckenmiller looks to Bitcoin in case of rising inflation
With Bitcoin perilously on the brink at $28,000 (another minus 1% at $28,094.40 in the last session), Ethereum (ETH) at $1525.57, and inflation not wanting to come back, expectations are not the best,...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’ – Coinotizia
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, ...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’ – Markets and Prices Bitcoin News
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, ...
American Investor Stanley Druckenmiller Warns of Recession
American billionaire investor Stanley Druckenmiller warned the U.S. economy will slip into recession next year, and said that he would rather “own more bitcoin (BTC) than gold” amid rising inflation. ...
Stanley Druckenmiller fears a recession but isn’t betting against stocks. Here’s why.
Sometimes, it’s hard getting workers of a certain generation to do much of anything at all. Here’s one: “Currently, I’m going in every day, and I’m looking at my screen, but I’m pretty much taking a b...
Druckenmiller Warns ‘Bear Market Has a Ways to Run’ as Fed Hikes Rates
(Bloomberg) — Stanley Druckenmiller has a warning for Wall Street: The sharp decline in the stock market isn’t over just yet. Most Read from Bloomberg Story continues “My best guess is that we’r...
Druckenmiller Exits Google, Carvana as Family Offices Place Bets
(Bloomberg) — The investment firms of some of the world’s wealthiest investors made some large shifts in their assets last quarter as US stocks slumped by the most since the onset of the Covid-1...
Stanley Druckenmiller Buys Chevron as Family Offices Reveal Stock Picks
(Bloomberg) — Big tech fell out of favor with some of the world’s wealthiest investors last quarter. Most Read from Bloomberg Stanley Druckenmiller’s Duquesne Family Office sold its $35.9 millio...