The market is in a mania fueled by the Fed and investor speculation that will end badly in coming years, Stanley Druckenmiller says.
Stocks continued their climb on Monday on optimism over a recovering economy. Here are five experts on what's behind the rally.
"It's almost as if people decided Covid is over. It's a 'V-shaped' rally, and you better get on board," CNBC's Jim Cramer said Monday.
The billionaire investor acknowledged that the massive market rebound recently has "humbled" him.
"I have the least growth weighting in my portfolio that I've had in maybe six or seven years," Druckenmiller told CNBC.
Longtime hedge fund manager Stanley Druckenmiller said he has returned just 3% during the market's 40% rally since the S&P 500's springtime bottom.
Leading health insurance companies sank after polling data showed Sanders eclipsed longtime Democratic front-runner Joe Biden.
"I love riding a horse that's running" and continue to do so to a point, Tepper said. Druckenmiller added, "I am still 'riding the horse' and bullish immediate term."
The Home Depot co-founder says he used Tuesday's stock market drop as a buying opportunity.
"You got the stock on sale yesterday for absolutely no basis. This is why all the insiders are buying," says William Blair analyst Nick Heymann.
"I believe Culp ... I bought stock today," Druckenmiller told CNBC's Kelly Evans.
"The good news is we'd all be much more equal because everybody would be poorer, but the rich would have lost a lot more wealth," Druckenmiller says.
Billionaire investor Stanley Druckenmiller goes after President Trump and lawmakers for attacking big technology companies.
Druckenmiller says that while Trump's tariffs may not appear damaging on paper, their chilling effect could have a greater market impact.
Druckenmiller thinks Trump will lose in 2020, but the billionaire investor is especially concerned that a far-left Democrat will win.
Trading in the stock market nowadays is like gambling, says billionaire businessman and philanthropist Ken Langone.
Navarro says the Fed should pause its interest rate hikes — not because growth is slowing, but because growth is strong with barely any inflation.
The decision was made in efforts to address the rising costs of medical education, which have saddled graduates with thousands in debt and funneled them toward more lucrative specialties.
Ritholtz Wealth Management's Michael Batnick shares how the best, most successful fund managers all have made major analytical or emotional investing mistakes.
See which stocks are posting big moves after the bell.