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Podcast: The John Johnston Lounge
Episode: Stanley Druckenmiller: Stock Market Will Be Flat For A Decade
Description: In a recent interview, Stanley Druckenmiller gave his current outlook for the stock market and macroeconomic environment. His current forecasts for both are very bearish, but he's wildly bullish on one sector, and mildly bullish on another asset class. He thinks the US Fed made a huge mistake in 2021, and the repercussions are going to be felt for a long time in stock markets.Timestamps:00:24 Who is Stanley Druckenmiller?00:36 Key points01:11 The US Fed’s big mistake01:52 The cause of rapidly rising inflation04:08 Druck’s stock market outlook05:17 Hard landing recession0...