Market Extra: Stanley Druckenmiller warns of U.S. hard landing at Sohn conference, says debt-ceiling debate ‘really depressing’


Macroeconomic concerns are piling up, creating heightened uncertainty for investors.

“The debt-ceiling debate is really depressing,” said Stanley Druckenmiller, chairman and chief executive of Duquesne Family Office, at the 2023 Sohn Investment Conference held virtually on Tuesday. “I hope we don’t have a technical default,” he said, which would result in a “market event.”


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