Beware The “Boogeyman”: Stan Druckenmiller Warns On Deflation, Rates

Well-known surveys from firms like Bank of America Merrill Lynch suggest most investors don’t expect a recession until next year at least, but Stanley Druckenmiller warned in a recent interview that some less-obvious warning signs are starting to appear. He also noted that the Federal Reserve seems to be so focused on deflation, which he calls “the boogeyman,” that officials are missing out on other signals. Q1 hedge fund letters, conference, scoops etc In an onstage interview for the Economic Club of New York, Druckenmiller was asked about an editorial he wrote last year about interest rates in which he…