Stan Druckenmiller was on CNBC today sharing his opinion on the recent Fed moves. He thinks that the punch bowl has remained full for far too long and that QE is doing a fantastic job subsidizing the rich while hurting the poor. He thinks this is bullish for markets but really bad for the markets in the long-term. This is similar to what he espoused on Bloomberg. He thinks we are in extra-innings and time is running out.
Enjoy.
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