Getty Images “ ‘We have borrowed so much that I’m skeptical that three to five years out that equities will give us any kind of return.’ ” That’s billionaire investor Stanley Druckenmiller talking about how a Democratic sweep of the White House and Congress in the upcoming elections could prove …
Read More »The Tell: The stock market could be facing ‘multiple decades’ of ‘deleterious’ economic after-effects, analyst warns
The stock market’s ability to shrug off the economic destruction and gloomy coronavirus headlines continues to enrich emboldened bulls and baffle even some of the savviest Wall Street pros. A big dose of reality, however, looms large, if Andrew Lapthorne, the global head of quantitative research at Societe Generale, has …
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