- Reaction score
- 1,584
Stanley Druckenmiller says the stock market is in an ‘absolute raging mania’
https://www.cnbc.com/2020/09/09/sta...he-next-3-to-5-years-will-be-challenging.html“Everybody loves a party ... but, inevitably, after a big party there’s a hangover,” billionaire Stanley Druckenmiller told CNBC.
“Right now, we’re in an absolute raging mania. We’ve got commentators encouraging companies to do stock splits. Companies then go up 50%, 30%, 40% on stock splits. That brings no value, but the stocks go up.”