Billionaire investor says market is ‘very convinced’ of Trump victory

Billionaire investor Stanley Druckenmiller said Wednesday that the market is “very convinced” of an election victory for former President Trump.

“I must say, in the last 12 days, the market and the inside of the market, is very convinced Trump is going to win,” Druckenmiller said in an interview with Bloomberg Television’s Sonali Basak. “You can see it in the bank stocks, you can see it in crypto, you can even see it in DJT, his social media company.”

Vice President Harris is currently leading Trump in an average of national polls from The Hill/Decision Desk HQ by 2.7 percentage points, but is facing much tighter margins in battleground states. She is down 1.5 points in Arizona, 1.9 points in Georgia and 0.3 points in Pennsylvania, according to The Hill/Decision Desk HQ’s averages.

Druckenmiller said he cannot “see” himself “voting for either” Harris or Trump in his Bloomberg interview.

“They’re actually unified on some things, like industrial policy,” Druckenmiller said. “Both of them think, apparently, the government should have a major role in allocating capital, which I find, frankly, Sonali, bizarre.”

Bloomberg News reported earlier this year that a group of Wall Street billionaires including Druckenmiller was organizing a fundraiser for then-GOP presidential primary candidate Nikki Haley in New York City.