Paul Tudor Jones Sees Year-End Rally Spoiled by Fed

In an interview last month with CNBC, famed hedge fund manager Paul Tudor Jones predicted a strong year-end market rally but argued that the Fed’s continued rate hike campaign will lead to a downturn. This according to an article in Chief Investment Officer. “I think this is going to end with a lot higher prices forcing the Fed to shut it off,” said Jones. While he doesn’t predict a stock market crash (like he did… Read More

Shades of the Swinging Sixties Raise Inflation Fears

A recent Bloomberg article underscores the similarity between today’s market conditions and those of the 1960s; specifically, how low unemployment set inflation on an upward run, “virtually doubling over the year to 3 percent.” Some economists, the article reports, see trouble looming again. The article quotes Paul Tudor Jones, founder of hedge fund Tudor Investment Corp., who told Goldman Sachs, “This reminds me of the late 1960s when we experimented with low rates and fiscal… Read More

Paul Tudor Jones Says Inflation is Looming

Hedge fund manager Paul Tudor Jones believes that inflation is “about to appear ‘with a vengeance’ and may force the new Federal Reserve chair to accelerate interest-rate hikes,” according to a recent article in Bloomberg. According to the article, Tudor wrote in a recent note to clients, “We are replaying an age-old storyline of financial bubbles that has been played many times before.” He believes that policy makers should have pushed for tightening policy and… Read More

Paul Tudor Jones See Struggles in Main Fund

The billionaire fund manager who “helped give rise to the hedge fund industry saw clients pull about 15% of their assets from his main fund in the second quarter,” according to a recent Bloomberg article. According to Hedge Fund Research Inc., the article says, macro hedge funds “have posted their worst first half since 2013, losing 0.7%.” Jones’ main BVI Global Fund, it reports, is down 1.9% this year (through July 21). Last month, the… Read More

Paul Tudor Jones Issues Warning for Fed

The billionaire investor says that “years of low interest rates have bloated stock valuations to a level not seen since 2000,” and the fact that the current market cap-to-GDP ratio is the highest it’s been since 2000 should be “terrifying” to a central banker. This according to a recent Bloomberg article. Jones’ warning echoes that of many other money managers, the article says, who are concerned that stocks are trading at dangerously high levels. The… Read More