Stanley Druckenmiller

I have been doing this 45 years and between the pandemic and the war and the crazy policy response in the US and worldwide, this is the hardest environment I have ever encountered in trying to forecast 6 - 12 months ahead.
@ 13:10

The odds of a global recession and the change in the global economy are the highest I have seen in decades.
Financial markets... I have a bearish bias for 45 years that I have had to work around. I like darkness...

Bull market in financial markets started in 1982 + particularly the last 10 years went into hyperdrive, all the factors that created that have stopped, they have reversed
@ 27:30

h/t #FF @NeckarValue

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