Wednesday, August 18, 2010

Stanley Druckenmiller Is Retiring

Wow Druckenmiller is retiring. He has never had a losing year since he started 30 years ago. But is is currently down 5% for 2010. He must see something going on. I think the tight range is making it less likely for people to make money in the markets.

Bill Gross

The biggest Bond fund manager in the world is saying that the US economy will need another stimulus in 6 months has the economy is not getting any traction as firms rich in cash are just not spending because their is a complete lack of confidence.
Another stimulus is just not the answer but we will see.


I am short Oil here average $76 area.