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Stanley Druckenmiller: The Fed is Playing with Fire

Stanley Druckenmiller: The Fed is Playing with Fire

FromSquawk Pod


Stanley Druckenmiller: The Fed is Playing with Fire

FromSquawk Pod

ratings:
Length:
40 minutes
Released:
May 11, 2021
Format:
Podcast episode

Description

In an extended, CNBC exclusive interview, billionaire investor and hedge fund manager Stanley Druckenmiller shares his concerns about the Federal Reserve’s extended accommodative monetary policy over a year into the pandemic. He considers risks to the markets and to the US dollar, and he highlights foreign bond buys, retail sales, and historical statistics in his case against the Fed Powell’s current course of action. Plus Druckenmiller, CEO of Duquesne Capital Management, ponders the next big thing in crypto and his exit from the US stock market. Pfizer’s Covid vaccine is approved for teens and children, and inflation anxieties mount on and off of Wall Street.
Released:
May 11, 2021
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.