'I'd say CEOs are somewhere between relieved and giddy. So we're a believer in animal spirits,' Druckenmiller said.
"I've been doing this for 49 years, and we're probably going from the most anti-business administration to the opposite," Druckenmiller said on CNBC Monday. "We do a lot of talking to CEOs and companies on the ground. And I'd say CEOs are somewhere between relieved and giddy. So we're a believer in animal spirits."
"In terms of the markets, I would say it's complicated," Druckenmiller said. "You're going to have this push of a strong economy versus bond yields rising in response to that strong economy, and that kind of makes me not have a strong opinion one way or the other."surged nearly 6% in November on Trump's victory, bringing the benchmark's 2024 gains to 23.3%.
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