CNBCのインスタグラム(cnbc) - 9月10日 11時01分


“I have no clue where the market is going to go in the near term… But I would say the next three to five years are going to be very, very challenging.”⁠

The stock market is in a mania fueled by the Federal Reserve and investor speculation that will end badly in coming years, longtime hedge fund manager Stanley Druckenmiller said Wednesday. The S&P 500 is up more than 51% after hitting an intraday low in March. Last week, the broader-market index hit an all-time high before a rollover in tech shares knocked it back below that level.⁠

“Everybody loves a party ... but, inevitably, after a big party there’s a hangover,” the billionaire CEO of the Duquesne Family Office said. “Right now, we’re in an absolute raging mania. We’ve got commentators encouraging companies to do stock splits. Companies then go up 50%, 30%, 40% on stock splits. That brings no value, but the stocks go up.”⁠

Full story at the link in bio.⁠


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