Markets

Legendary investor Stanley Druckenmiller made a blockbuster trade by dumping his stocks and going all-in on Treasurys after Trump escalated the trade war with China

Hedge Fund billionaire Stanley Druckenmiller cut his stock-market exposure to zero after President Donald Trump’s May 5 tweet stating that tariffs on Chinese imports would be raised. Druckenmiller instead invested in US Treasurys, which are seen as a safe haven during times of economic stress. The 10-year yield fell from […]
Legendary investor Stanley Druckenmiller made a blockbuster trade by dumping his stocks and going all-in on Treasurys after Trump escalated the trade war with China