Stanley Druckenmiller agrees with Tepper, still bullish the market because of the Fed and Trump
said Friday that he agrees with fellow billionaire investor David Tepper's optimism on the market and said he's still "riding the horse."
"In addition, Trump's election prospects have increased with two trade agreements and big win in Iran which the Democrats have responded poorly to," he added. "So I am still 'riding the horse' and bullish immediate term." He blamed the lackluster returns on his conservative bet in June, when he loaded up on U.S. Treasurys after President Donald Trump sent a tweet in May that inflamed U.S.-China trade tensions. Before that, he said, he had been "93% invested in the market."
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