NewsFeeder
06-19-2018, 10:40 PM
Hedge-fund boss who predicted ‘87 crash says next recession will be ‘really frightening’
Paul Tudor Jones, a hedge-fund luminary, on Monday said the next economic downturn confronted by the U.S. could be an ugly one. “We’ll have monetary policy, which will exhaust really quickly, but we don’t have any fiscal stabilizers,” Jones said. Jones’s comments come after he told CNBC last week that stock market and bond yields are set for a ‘crazy’ rise.
https://finance.yahoo.com/m/ff521f6d-5c36-3d97-99e2-cb7e574d545a/hedge-fund-boss-who-predicted.html?.tsrc=rss
Paul Tudor Jones, a hedge-fund luminary, on Monday said the next economic downturn confronted by the U.S. could be an ugly one. “We’ll have monetary policy, which will exhaust really quickly, but we don’t have any fiscal stabilizers,” Jones said. Jones’s comments come after he told CNBC last week that stock market and bond yields are set for a ‘crazy’ rise.
https://finance.yahoo.com/m/ff521f6d-5c36-3d97-99e2-cb7e574d545a/hedge-fund-boss-who-predicted.html?.tsrc=rss