ValueWalk – Hedge fund icon and former Chairman, President and CIO of Duquesne Capital, Stan Druckenmiller joined Bloomberg Television’s Stephanie Ruhle and Erik Schatzker on “Market Makers” for a full hour and said, the government must address entitlement spending “This is the first generation where a 30-year-old’s net worth is less than his parents…If you look at the older people, there net worth has doubled.”
Druckenmiller also said it would be a big deal for financial markets if the Federal Reserve were to completely end its asset purchases over the next 12-months.