A bill to help aid the fiscally strapped island of Puerto Rico was unveiled late on Wednesday by House Republicans after a month of negotiations.
Here are Stanley Druckenmiller's investment recommendations at the Sohn Investment Conference.
Puerto Rico will miss a major debt payment due to creditors Monday, registering the largest default to date for the struggling U.S. territory.
Puerto Rico is at risk of registering its largest default to date, as $470 million in debt obligations are due on Monday.
The U.S. is not facing another financial crisis and the market's overreaction could be a value opportunity, hedge fund manager John Paulson says.