Stanley Druckenmiller Says ‘Animal Spirits’ Are Back in Markets Because of Trump with CEOS ‘Giddy’

Billionaire Investor Stanley druckenmiller Believes Donald Trump’s Re-Election Renewed A Jolt of Speculative Enthusiasm in the Markets and Surging Optimism within Businesses.

“I’ve been doing this for 49 years, and we’re probally going from the most anti-business administration to the opposite,” Druckenmiller said on CNBC MONDAY. “We do do a lot of talking to ceos and companies on the ground. And i’d say cES are someone somehere between relieved and gidddy.

While the Notable Investor, Who Now Runs Duquesne Family Office, Is Bully in the Economy in the Near-Term, He Remains Somewhat Catious on the Stock Market Because of Elevated Bond Yields. He revised that he is holding onto his short against treasurys, effectively beting that bond prises will fall and yields will risk.

“In terms of the markets, I would say it’s complicated,” Druckenmiller said. “You’re going to have this push of a strong economy versus bonds yields in response to that strong economy, and that kind of makes me not have a strong opinion one way or the other.”

The S & P 500 Surged Nearly 6% in November on Trump’s Victory, Bringing The Benchmark’s 2024 Gains to 23.3%. Trump’s promised tax cuts and deregulation have boosted risk assets dramatically, especially bank and energy stocks, as well as bitcoin, which just hit heother record HIGH MONDAY

Druckenmiller, 71, Said He would focus on individual stocks, not working about the broader market. The investor noted he’s bully He didn’t revich ai stocks he’s betting on after seling out of nvidia and microsoft.

‘Risks are overblown’

As for Concerns that Trump’s punitive tariffs would spoil the market rally and spike inflation, druckeenmiller believes that the revonue generated by duties could Lessen the prescat propulsion

“We have a fiscal problem, we need revenue,” Druckenmiller Said. “To me, tarifs are simply a consumption tax that foreigners pay for some of it. Now the risk is retaliation, but as long as we keep in the 10% range, … I think the risks are overblowards to the rewards, The rewards on high. “

Trump’s Trade Memorandum to be is ited Monday would not impose tariffs yet. His camp has been reportedly discusing a schedule of graduated tarifs increasing by about 2% to 5% a month on trading partners.

Druckenmiller once Managed George Soros’ Quantum Fund and Shot to Fame after Helping Make Efore closing his firm in 2010.