Druckenmiller: Earnings yield to bond yield is most-unattractive in 20 years

Stanley Druckenmiller is on CNBC at the moment saying he doesn’t have a strong opinion on the direction of the market but with innovation surging he said it’s time to focus on individual stocks.

• The economy is ‘very interesting’
• We’re going from the most anti-business administration to the opposite
• CEO’s are somewhere between ‘relieved and giddy’
• The economy looks very, very strong at least for the next six months
• I would say the market is ‘complicated’ despite economy
• There is a push of a strong economy against bond yields that makes me not have a strong opinion on the market

More to come.

This article was written by Adam Button at www.forexlive.com.