Stan Druckenmiller Is Betting on Three Market Surprises in 2015
Stan Druckenmiller: Zero-Interest Rates Unnecessary
This article is for subscribers only.
Stan Druckenmiller is betting on the unexpected.
The billionaire investor, who has one of the best long-term track records in money management, is anticipating three market surprises: an improving economy in China and rising oil prices. He also doesn’t expect the Federal Reserve to raise interest rates in 2015, a move most investors are forecasting will happen in September after six years of keeping them near zero.