Pasquariello then asks Druckenmiller about his view on stocks, and specifically the tech space (both mega cap, cloud and smaller cap names). Here, Druckenmiller is more reserved and says that "if we get 4-5% inflation in the US a few years out and bond yields rise precipitously that's very negative historically for growth stocks relative to other stocks.
Boldface mine. Investment guy talking head.
Focus in 4-5% inflation. Is that scaredy pooh? Depends on what we get in return. Monetry reform simple gives Treasury secretary ad hoc privileges to make that number so, for maybe two quarters in a row. Double spend, as the opportunity strikes. Scaredy pooh? Maybe I be wrong and we get three quarters at 7%.
What we get is freeing the fiats, like they are suck in the Bastille. That is a very good idea. Get the fiats out of the tax business.
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