Say What!? Cooperman, Icahn, and Others on the Taper That Wasn’t

“This is fantastic for every rich person. This is the biggest redistribution of wealth from the middle class and the poor to the rich ever.” Stanley Druckenmiller, founder of now-defunct Duquesne Capital Management (via CNBC)

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“The idea that the economy is still too weak to taper and the market goes up has its limits.

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