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Tag: Stanley

Stanley Druckenmiller gives Biden’s economic policies an ‘F,’ blames the Fed for reigniting inflation

Reckless government spending enabled by the Federal Reserve is hurting average Americans and endangering President Joe Biden's chances at getting reelected, billionaire investor Stanley Druckenmiller said Tuesday.During an appearance on CNBC's "Squawk Box," the head of Duquesne Family Office who made his name...

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Billionaire investor Stanley Druckenmiller revealed Tuesday that he has slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run."We did cut that and a lot of other positions in late March....