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CHAIRMAN & CEO OF DUQUESNE FAMILY OFFICE LLC STANLEY DRUCKENMILLER

Market Watch: Why Stanley Druckenmiller says the risk-reward of investing in stocks has never been worse

Speaking at a webinar run by The Economic Club of New York on Tuesday night, the chairman and chief executive of Duquesne Family Office says it is just not true that it is profitable to be on the side of the Federal Reserve, which has cut interest rates to nearly zero, swelled its balance sheet and initiated several emergency lending programs. He thinks stocks are at high multiples given the uncertainty of the current environment and looming bankruptcies.

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