Stan Druckenmiller Is Betting on Three Market Surprises in 2015
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Stan Druckenmiller is betting on the unexpected.
The billionaire investor, who has one of the best long-term track records in money management, is anticipating three market surprises: an improving economy in China and rising oil prices. He also doesn’t expect the Federal Reserve to raise interest rates in 2015, a move most investors are forecasting will happen in September after six years of keeping them near zero.