QOTD: Quote of the Day
Hedge fund legend, Stanley Druckenmiller, is all beared up saying the risk-reward for equities is the worst he’s seen in his career, and he has been around the block more than a few times. He does like Amazon, however, saying people should be thankful that the company exists right now given the number of jobs created.
In the future, [Druckenmiller] said he wouldn’t be surprised if the Trump administration’s response to the coronavirus outbreak becomes the “poster child for the worst public policy decisions ever made from a cost-benefit analysis.” – Bloomberg
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