Wednesday, July 16, 2014

Druckenmiller: Fed policy 'fraught with unappreciated risk'

Link to: Druckenmiller: Fed policy 'fraught with unappreciated risk'
Stan Druckenmiller, the retired founder of hedge fund firm Duquesne Capital Management, says the Federal Reserve is putting the economy at risk by continuing its aggressive market intervention. 
"I am fearful that today our obsession with what will happen to markets and the economy in the near term is causing us to misjudge the accumulation of much greater long term risks to our economy," Druckenmiller said Wednesday at the Delivering Alpha conference presented by CNBC and Institutional Investor.

There are several other videos of Druckenmiller's appearance today that can be found by sifting through the list HERE.