Billionaire Stanley Druckenmiller Is Sending a Roaring Warning to Investors
The billionaire hedge fund investor Stanley Druckenmiller has amazingly never had a down year of investing throughout his career, so when he speaks, you know the market is paying attention. Now, Druckenmiller is putting investors on notice and letting them know that a recession, as well as much more difficult market conditions, could be closer than they think. Here's why.
While the economy has held up pretty well in the face of high inflation and the Federal Reserve raising interest rates from zero to more than 5% in just over a year, Druckenmiller believes it's only a matter of time before the economy tips into a recession.
Image source: Getty Images.
Source Fool.com
