Stan Druckenmiller Scolds Fed At Delivering Alpha

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Mark Melin
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Today’s Fed policy is more puzzling to Stan Druckenmiller than at any point in time, he said while speaking at the Delivering Alpha Conference in New York City.  The retired founder of Duquesne Capital Management, who profited handsomely from the financial crisis in 2008, said he believes the US Federal Reserve is putting the economy at great risk through aggressive market intervention. We are covering the conference – sign up for our newsletter to ensure you get all the updates. Stan Druckenmiller fearful over market obsession In a speech titled “The unfavorable risk-return of the Fed’s current policy,” Druckenmiller said he…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.