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Duquesne Family Office Chairman Stanley Druckenmiller stated Monday that “animal spirits” have returned to the market, fueled by “giddy” CEOs anticipating Trump’s return to the White House. Speaking to CNBC, the billionaire investor argued that the U.S. economy is shifting from “the most anti-business administration” in history to the most business-friendly administration.
REBECCA QUICK: A lot of people have been wondering how you’re feeling about things, just from a market’s perspective, from an economy perspective. What do you have to say today?
STANLEY DRUCKENMILLER: The economy is very interesting. We’re at a very low unemployment rate, essentially 4%, with 3% GDP growth. I’ve been doing this for 49 years, and we’re probably moving from the most anti-business administration to the opposite. We do a lot of talking to CEOs and companies on the ground, and I’d say CEOs are somewhere between relieved and giddy. We’re believers in animal spirits. Paul Ryan was on your show last week talking about a 32% increase in business confidence over the last 12 months, which is probably a record in terms of change.
So the economy looks very strong, at least for the next six months, which is about as far out as one can see with any degree of confidence.
In terms of the markets, I would say it’s complicated. Despite what I just said about all the wonderful things about the economy, we have an earnings yield to bond yield ratio that’s probably the most unattractive level in 30 years. […]
— Read More: www.zerohedge.com
Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
At Prepper All-Naturals, we believe Americans should be eating real food today and into the future regardless of what the powers-that-be demand of us. We will never use lab-grown beef. We will never allow our cattle to be injected with mRNA vaccines. We will never bow to the draconian diktats of the climate change cult.
Visit Prepper All-Naturals and use promo code “veterans25” to get 25% off plus free shipping on Ribeye, NY Strip, Tenderloin, and other high-quality cuts of beef. It’s cooked sous vide, then freeze dried and packaged with no other ingredients, just beef. Stock up for the long haul today.