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Stanley Druckenmiller agrees with Tepper, still bullish the market because of the Fed and Trump

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Stanley Druckenmiller

Anjali Sundaram

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Billionaire hedge fund manager Stanley Druckenmiller said Friday that he agrees with fellow investor David Tepper’s optimism on the market and said he’s still “riding the horse.”

“I revealed a very bullish posture intermediate term since October when Powell guaranteed he would not rescind the insurance cuts,” Druckenmiller said in an email to CNBC’s Joe Kernen. “Since then, both have worked out and the Fed is still whining about inflation being below target.”

“In addition, Trump’s election prospects have increased with two trade agreements and big win in Iran which the Democrats have responded poorly to,” he added. “So I am still ‘riding the horse’ and bullish immediate term.”



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Weinstein’s N.Y. Trial Was Just the First. He Still Faces One in L.A.

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“I just couldn’t believe what was happening to me,” she testified. “I started realizing: I’m trapped.”

Ms. Young testified that Mr. Weinstein unzipped her dress — pulling it down, she said, despite her objections — and told her: “No, we are just going to have a talk here. How am I going to know if you can act?”

Mr. Weinstein, she said, started to masturbate, gripping and pinching her breast and squinting at her as she was pushed up against the sink. At some point, she said, he tried to touch her genitals. He ejaculated into a towel, she said, and then left the bathroom.

Ms. Young said that she told two friends about the attack, but that she did not report it to the police, adding that she feared Mr. Weinstein’s power.

Ms. Young said that she met with his assistant the next day to discuss opportunities in the entertainment industry, but that she ignored later calls from Mr. Weinstein and his company.

“I didn’t want anything to do with any of them,” she testified.

Dave Ring, a lawyer for the unidentified Italian actress, that the Los Angeles case would be less complicated than the New York case for a jury. The women, he said, did not maintain relationships with the producer after the episodes they have described.

In New York, the two main accusers — Miriam Haley, who said Mr. Weinstein had forcibly performing oral sex on her in 2006, and Jessica Mann, who said he raped her in a Midtown Manhattan hotel room in 2013 — continued to communicate with Mr. Weinstein and had sex with him after what they said were his attacks.



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Namaste Trump: PM Modi With US President Reaches Sabarmati Ashram | ABP News

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President Donald Trump and First Lady Melania Trump reached Sabarmati Ashram for a brief stopover on their way to Motera Stadium from the Ahmedabad Airport. The first couple of US was accompanied by Prime Minister Narendra Modi during the visit. President Trump tried to spin Charkha during his visit to the Ashram. Trump along with his wife signed visitors book and thanked his friend PM Modi for the visit.

#NamasteTrump #PMModi #SabarmatiAshram

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Plácido Domingo Had ‘Inappropriate Activity’ With Women, Union Finds

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The opera superstar Plácido Domingo, whose five-decade American career was sidelined last year by allegations of sexual misconduct, “engaged in inappropriate activity, ranging from flirtation to sexual advances, in and outside of the workplace,” an investigation by a performers’ union found.

The release on Tuesday of the findings of the union, the American Guild of Musical Artists, prompted Mr. Domingo, 79, a famed tenor who held leadership positions at the Los Angeles Opera and the Washington National Opera, to issue his fullest apology yet.

“I have taken time over the last several months to reflect on the allegations that various colleagues of mine have made against me,” Mr. Domingo said in a statement. “I respect that these women finally felt comfortable enough to speak out, and I want them to know that I am truly sorry for the hurt that I caused them.”

“I accept full responsibility for my actions, and I have grown from this experience,” he continued. “I understand now that some women may have feared expressing themselves honestly because of a concern that their careers would be adversely affected if they did so. While that was never my intention, no one should ever be made to feel that way.”

The Los Angeles Opera, which Mr. Domingo helped found, and led until he stepped down last year, is still conducting its own investigation.



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