#Druckenmiller Says Risk-Reward in #Stocks Is Worst He’s Seen

A raft of emergency lending programs unleashed almost $3 trillion in stimulus funds. But those programs aren't likely to spur future economic growth, Druckenmiller said.

"It was basically a combination of transfer payments to individuals, basically paying them more not to work than to work," he said. "And in addition to that, it was a bunch of payments to zombie companies to keep them alive."

Read the whole article here: https://www.bloomberg.com/news/articles/2020-05-12/druckenmiller-says-v-shaped-recovery-for-u-s-is-a-fantasy

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