lundi 13 avril 2015
Yes, Worry About the Stock Market
Posted on 20:24 by nice news
Stanley Druckenmiller, the man who broke the Bank of England and made $1 billion in 1992 by selling the British pound with his colleague George Soros, is worried about today's economy. For Druckenmiller, it feels like 2004, just before the financial crisis, just before the global economy slid into recession. "There is nothing more deflationary than creating a phony asset bubble, having a bunch of investors plow into it and then having it pop," the investor told the One Tree Club in Florida on Jan. 18. On Friday, a transcript of that talk started circulating (you can read it here). The same day, the total value of the world's equity market surpassed $70 trillion for the first time ever, extending a rally that's seen it expand by 175 percent since its 2009 nadir of less than $26 trillion:
Yes, Worry About the Stock Market
Categories: Worry About the Stock Market, Yes
Inscription à :
Publier les commentaires (Atom)
0 commentaires:
Enregistrer un commentaire