Some interesting action today. I read that Druckenmiller is long MSFT and other secular growth stocks due to what he sees as cloud computing outperforming the market even in this choppy shrinking environment.
"Everything has to convert to the cloud," he said. "If we get in a mild recession, demand goes up because it's a way to cut costs."
This is something I've stated previously about LVT being counter cyclical & synergetic with Microsoft.
