Stanley F. Druckenmiller: Monetary Policy & Markets

Stanley Druckenmiller, a legendary investor with a 30-year track record of never having a down year, discusses his investment strategies and current market concerns with Kiril Sokoloff. Druckenmiller expresses concern about the distortion of price signals due to algos and central bank policies, making it difficult to rely on traditional market analysis. He highlights the challenges of navigating markets with "free money" and the potential risks of shrinking central bank balance sheets amidst robust global growth and fiscal stimulus. Druckenmiller also touches on populism, wealth disparity, and the potential consequences of America's shift towards nationalism on the global trading system.