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Investor Druckenmiller sees U.S. falling into recession next year

Investor Druckenmiller sees U.S. falling into recession next year

© Reuters. FILE PHOTO: Stanley Druckenmiller, Chairman and CEO of Duquesne Family Office LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) -Billionaire investor Stanley Druckenmiller said he believes the Federal Reserve’s monetary policy tightening may push the U.S. into a bigger-than-expected recession next year.…

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Stock Market Today: Stocks Resume Slide Amid Currency Turmoil: Dow Nears Bear Market Slump

U.S. equity futures deepened their recent declines Monday, while the dollar extended its relentless march against its global peers, as investors retreated from risky global markets amid widespread disruption in currencies and increasing concerns of a near-term recession. An overnight slump in the pound, which briefly dragged the British currency to an historic low of…