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Sonali Basak
@sonalibasak
Chief Investment Strategist, iCapital. Former Bloomberg anchor/chief financial corspd. Views are my own. Not an offer or recommendation.  
Joined June 2009
5.2K Following    62.2K Followers
I agree on the thoughts about Druck’s op-ed below. I don’t care that he used AI to write it, I care that he put forward his views. As someone who covered him for years, I can tell you Druckenmiller speaking out is a rare occurrence, particularly on such a heated issue. He has long been concerned about deficits. To that end, here’s a chart I had Gemini draw up for me. And yes, I asked AI in this instance because it was faster. The point is the same — a 10 basis point rise across the curve is real money adding to a vicious cycle of net interest costs as the expense reaches $1 trillion this year.
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