CNBC

Why the Fed 'blew it': Druckenmiller

  • Aired: 10/19/2013
    • Length:
    • Plays: ???
Synopsis >

CNBC's Steve Liesman reports there were three reasons the Fed decided to delay tapering its bond-buying program. And Stanley Druckenmiller, Duquesne Capital Management former chairman, and Jimmy Dunne, Sandler O'Neill, weigh in on how the Fed's policy will likely impact the market. 'The big money was betting that they were going to taper,' Druckenmiller said, and the Fed missed a 'freebie,' he added.

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