Interview and Q&A on June 3, 2019, at the Economic Club of New York, with billionaire investor Stanley Druckenmiller, Chairman & CEO, Duquesne Family Office LLC. Topics covered include current macroeconomic factors and the impact of changes in interest rates, the US-China trade war, and more. Transcript (auto-generated, unedited)(pdf).
We’re getting ready for tonight’s evening program with iconic investor Stanley Druckenmiller, who some have called the greatest hedge fund manager of his time. Join the conversation using #ECNYDruck or tune in to Facebook for the live broadcast at 6pm EDT. pic.twitter.com/w10adNVz0Y— The Economic Club NY (@EconClubNY) June 3, 2019
For reference, the editorial is here: https://t.co/bTzJALIQuq #ECNYDruck— The Economic Club NY (@EconClubNY) June 3, 2019
“We are in the most innovative economic period since the late 1800s.” #ECNYDruck— The Economic Club NY (@EconClubNY) June 3, 2019
“It’s very clear to me that you need a hurdle rate for investment and that if you don’t have a hurdle rate for investment, bad things happen.” #ECNYDruck— The Economic Club NY (@EconClubNY) June 3, 2019
On his economic ideology: “When I got in the business it became clear to me that macroeconomic statistics of precocity the economy, they’re really great at telling where you are and where you’ve been. The best economic predictor is the inside of the stock market.” #ECNYDruck— The Economic Club NY (@EconClubNY) June 3, 2019
“The inside of the stock market right now isn’t saying we are gonna be in a recession but it is saying you better keep your eyes open.” #ECNYDruck— The Economic Club NY (@EconClubNY) June 3, 2019
