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Hedge fund manager Stan Druckenmiller has gotten cold feet on the economy and the financial system, taking a huge leveraged position right at the spot on the curve we've been highlighting for months. The primary reason why is being made perfectly clear as globally synchronized data spotlight a global economy falling apart. Perhaps rapidly.
Eurodollar University's Money & Macro Analysis
Bloomberg: Druckenmiller Says He Has ‘Massive’ Bullish Bets on 2-Year Notes
https://www.bloomberg.com/news/articles/2023-10-31/druckenmiller-says-he-has-massive-bullish-bets-on-2-year-notes
ISM Manufacturing PMI October 2023
https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/pmi/october/
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7