Stanley Druckenmiller: ‘This Crazy President Saying We Need Negative Rates Is Most Anti-Capitalist Idea Ever’

Stanley Druckenmiller is reasonably constructive on both risk assets and the economy over the near- to intermediate-term, the legend among legends told Bloomberg TV, in a wide-ranging interview aired on Wednesday. His rationale is straightforward: The fiscal stimulus push is getting some traction on a global scale, monetary policy is easy and trade tensions look set to abate, at least for a few months. “With that kind of unprecedented stimulus relative to the circumstances, it’s hard to ha