Druckenmiller Warning: The Bond Market Already Priced It
However, the internals told a different story with the S&P 500 closing Friday at 7,711.76, up 0.5% on the week, while the Nasdaq Composite added 0.9% to 26,402.42. The equal-weight S&P slipped 0.4% while the cap-weighted index rose, and the Russell 2000 fell roughly 1.4%.
