Stanley Druckenmiller, who runs Duquesne Family Office, criticized the federal government for its spending habits, stating that it will negatively impact the markets. He noted that government spending has increased from 20% to 25% of GDP since the pandemic. He also expressed concern over the Biden administration's request for $106 billion in aid for Ukraine and Israel, and an additional $56 billion for emergency spending. Druckenmiller believes that these spending habits will lead to challenging times for the markets, especially given the geopolitical landscape and historically high multiples.