Stanley Druckenmiller on Economy, Stocks, Bonds, Trump, Fed: Full Interview

Billionaire investor Stanley Druckenmiller discusses the outlook for the U.S. economy, his investment strategy for stocks and bonds, President Donald Trump's attempts to sway Federal Reserve policy and the prospects for a solution to the U.S.-China trade dispute. He talks with Bloomberg's Erik Schatzker. (This interview was from December 17, 2018)

[@MrDanpayne182]

I wish you’d date stamp these videos. Uploaded jan 2020 but this interview is from December 2018. No hint of that in the title

[@quintessential5145]

True, this is clickbait.

[@MrGiggity890]

It's in the description though. Ya bish.

[@quintessential5145]

@@MrGiggity890 When Bloomberg posts a video in Jan of 2020 with a title insinuating that the video is current, it is not good enough that they include the date in the "description". Ya bish.

[@MrGiggity890]

quintessential somebody’s butthurt

[@johnjones4502]

quite deceptive isn't it?

[@blessusa123]

Mr. Drunkenmiller, thank you for an excellent interview!

[@mondlism]

Stan is legendary, i like his style of investing.

[@TheTed206]

yes, this is an old interview

[@greigsanderson]

December 17th 2018.

[@NasdaqSlayer]

still very relevant

[@danijelsan81]

Erik does a great job interviewing folks like druckenmiller and dalio

[@koma7778]

agree. some others are good too. the woman who interviews buffett

[@michaelmellinger2324]

16:20 M2 Growth has gone from about 7.5% to 4% 29:15 I could see the S&P returning between 0% and 5% annually over the next 5 years 32:40 It’s difficult to short stocks in a Bear Market. He made his money in Treasuries in a Bear Market 34:10 I love secular growth stocks 35:09 Cloud companies are in the 2nd inning 46:10 The market doesn’t generate the same kind of signals 52:20 Still Likes Price Action vs News

[@kameel28]

From 17 December 2018?

[@MartinsChanny]

Funny looking at this now

[@Sauceyjames]

At first I hated this video because how slow he talks, it made me fall asleep. But after listening to it again, I found that this video is amazing to fall asleep to.

[@SawChaser]

Agree, I listen to that video every time I go to sleep. Works very well.

[@bkktirak]

"The higher they go, the cheaper they look" great!

[@msg36093]

Amazing mind there. I like your 'demented personality', Mr. Drunkenmiller.

[@godhavemercyonme3832]

yes, so amazing

[@BStrapper]

Druckenmiller is a class act!

[@opnion2294]

2019 april 6. wow old interview but real one

[@christopherdennis4280]

Great interview.

[@walkyourdog6584]

Might as well be for Feb 2020. Very relevant.

[@anthonymorris7382]

Thankyou Bloomberg for some outstanding interviews where the interviewer is as outstanding in there knowledge as the interview, a lesson in sycrenisum,

[@pr1mu]

'most recessions start with a low unemployment rate'... omg this guy is basically detailing right now 2 years ago

[@michelesimko7541]

Money by boat load. Values matter to this gentleman.

[@VicDamoneJr82]

Was that a shot at Dalio at 10:40 😂🤣

[@stevenlee4736]

this was in 2018?

[@allancooley2476]

This is a Dec 2018 interview? Last fed hike dec 2018?

[@fortunateone2712]

Erik: "and now... economy is going to have a best year since 2005?" 2020: "Hold my beer"

[@godhavemercyonme3832]

How many bottles?

[@godhavemercyonme3832]

take it easy man

[@BrendanMetcalfe]

Thanks!

[@masterkangsunbaetv2340]

I'm going to see good information today.

[@hexicanthegreat6859]

Drukenmiller is the bomb...

[@godhavemercyonme3832]

Good post.

[@henriquetraeselengelmann9419]

Can anybody explain why the few days delay from publishing on youtube?

[@godhavemercyonme3832]

Hmm i have no idea, but if you got the idea from someone here, kindly share with me ok.

[@teejaya1dan922]

Sickning !! 2018. DAMN !!

[@philiscoolerthanu]

Mr. Druckamiller. Would love hear your thoughts now

[@greigsanderson]

December 2018 was when this interview was.

[@horatio59]

I don't think so.Boris Johnson wasn't UK prime minister back then

[@tfm_patrick]

Interesting

[@Asky777]

What has happened at 5:17?

[@keithlacken9749]

You are amazing thank you for your insight

[@pr1mu]

wow fed should listen to this guy more

[@pr1mu]

spot on take on the 2yr/5yr/10yr jesus this is a tour de force

[@petelipson3769]

Interesting. 29 minutes in Stan says that he thinks that the s p500 could only do 0% too 5% return per year over the next five years. He said that in December of 2018 ,here we are at the end of 2021 and the S&P 500 returned 25%!

[@michaelmellinger2324]

Looks like you called the top of the market.

[@rekhakhanna5008]

How can you even compare when Fed printed $8trn in 6 months

[@ballievlogs5515]

52:06 now the markets kinda going UWHEEEIIII hahahaha

[@omarroache1367]

Great interview

[@joeboucher6911]

Stanley's vision for America and the FEDS vision for America are two different visions.

[@EricMHowardII-yh1rn]

Mr Druckenmiller works with Mr Canada in New York City.

[@jamesrichardson559]

The stock market is no longer an indicator of the economy.

[@khunchai43]

Recession is here now, depression in few months, and let see how fast the FED can print money without getting to trouble.

[@lilylilee6982]

10:10 you want it unwind slowly not fast, it will be more of a problem

[@anthonysoriano5847]

What does peter Schiff think of Stan?

[@sylviahu6849]

❤❤❤❤

[@Mechaneer]

@46:08 "I'm not really complaining, I'm more whining."

[@godhavemercyonme3832]

winning with ne team or all?

[@msg36093]

I thought being short credit would be a good idea in this rate environment. But I was wrong.

[@thomaskauser8978]

2005 is now the myth of the 50's?

[@genarasaritacotrera7011]

Como la enpresa fron funding Sierren yo no se

[@adamgoodman3422]

Stan will show up in the next retest telling everyone “I told you so” I had it all in bitcoin.

[@DonFather]

Cannot agree more with Stan on FED policy. Every single point. But history has a way of evening things out. We've had so many years of slow grind to the upside and low vol, there is bound to be a coincidence of morons who will cause vol to come back like never before, and last like never before. That's life.

[@BobGeorgeMalem]

Hard Brexit is inevitable, and it's going to be sick but better than any other way

[@asamarduk2597]

you can’t fix some thing that is Brocken

[@dean827]

i just changed my last name to Druckenmiller! G.O.D

[@BobGeorgeMalem]

Major coming confrontation is inevitable. It's going to be a major shortage of liquidity

[@abhimanyukarnawat7441]

How tall is drunkenmiller looks huge.

[@method341]

modern day financial whiz

[@genarasaritacotrera7011]

Abinader quiebre toda enpresA zierran

[@tcc9774]

When I first read the name I thought it was Drunkenmiller LMAO!!

[@jonnes__4657]

"drucken" is German and means printing. ;-) .

[@mnatnm7169]

This aged well hahahahahah

[@genarasaritacotrera7011]

Abinader bote for tronp jasera

[@ballievlogs5515]

#coronashows2yearslaterthathesright

[@genarasaritacotrera7011]

Yo no tengo plataforma tuiter borre

[@extraextremegaming5586]

funny monmey

[@randmorf]

Sounds like Stanley’s family has had long term problems with alcoholism (as well as worked milling grain and the like).

[@koma7778]

where did u hear that?

[@thomasvansteenberge1790]

Drunk? Hardly ever heard such an eloquent interview.

[@genarasaritacotrera7011]

Adoni dise artita mentiroso tronp funding toda enpreza bucan preso

[@graveripper69]

bitcoin and digibyte!

[@Mechaneer]

This guy says "I'm very competitive" like someone who just said "I've been considering suicide for some time now, and after this interview, I think I'm going to go ahead and get it over with."

[@koma7778]

LOLOLOL

[@alpinemaximus7085]

I like Stan. Apparently he’s been getting flat over the past couple years. Very poignant today 02-27-20.

[@Notrocketscience101]

"struggling returns in next 3 year, 0 to 5% annually" Actual return in 2019, 30% and also, the market was never cheaper than when this was released. Just reinforces what legendary technical trader linda raschke advises, "Nobody knows where the markets are going to be".

[@squarecracker]

hmmmmmm

[@Lenny1337i]

Well, in the last two weeks of 18 markets essentially fell 20% due to Lowell’s autopilot balance sheet comments so when he revered in 19 ofc. Markets would go much higher.

[@hardeejay6277]

why does Bloomberg think that it is a good idea to re-upload their stuff? :( somehow I can't believe in the first thought that it is about 'youtube money'.

[@stevesolbakken6365]

Because Bloomberg wants to be president.

[@benjigaines7044]

You are and insider but you did no fool me hold hard physical assets ! Lol no one saw the pandemic coming not even you !!

[@big92fs]

Did this guy had a stroke or something

[@Ahamshep]

nah just not on adderall like most people these days.

[@gaylewilliams9938]

22:30 "... TRUMP is making things a lot more difficult, and HE SHOULD JUST SHUT UP ..."

[@Jerryzetina]

A planned event....

[@commonsense504]

In the land of the blind, the one eyed man is king.

[@ashsoro1039]

I have two does this mean im god?

[@henriquetraeselengelmann9419]

@@ashsoro1039, are you at the land of the blind? Then yes!

[@richarddaratony6468]

Bullshit, 18 months later

[@flatearth685]

Fake talk..waste of tyme👎🏿

[@PaulHigginbothamSr]

drunken miller: boy how good is that for a guy who likes to be in the spotlight. a drunken miller, I hope he can mill my cornmeal for me after he exits stage right lurching and slobbering.

[@peacedove9513]

For the sake of HUMANITY PLEASE!! VOLUNTEER &SUPPORT BERNIE SANDERS for PRESIDENT 2🔥2🔥MEDICARE for ALL Now! 🌍✌🌎☮🌏✌💖

[@genarasaritacotrera7011]

Plataforma.borrada yo no tengo