Billionaire hedge fund manager Stanley Druckenmiller says he sold nearly all of his investments and piled into Treasurys following Trump's China tweet in May.
"When the Trump tweet went out, I went from 93% invested to net flat and bought a bunch of Treasurys," Druckenmiller said. "Not because I'm trying to make money, I just I don't want to play in this environment."
"When the Trump tweet went out, I went from 93% invested to net flat and bought a bunch of Treasurys," Druckenmiller said. "Not because I'm trying to make money, I just I don't want to play in this environment." "I did not expect the lovely tweet that interrupted my golf game on Sunday afternoon about a month ago," he joked.
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