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ICYMI: Druckenmiller sees profits down 20-30%, higher terminal Fed rate, but he likes NVDA

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Legendary investor and market wizard Stanley Druckenmiller spoke on Wednesday.

Greg had his comment on NVIDIA here:

Also from the Druck were less bullish remarks:

  • Sees corporate profits down 20% to 30%
  • Says the Fed will
    end up with higher terminal rates
  • Says stickier
    inflation increases chances of hard landing
  • Says he’s more
    worried about growth than inflation

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