Paul Tudor Jones says it's hard to like stocks given geopolitical risks, weak U.S. fiscal position

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Billionaire hedge fund manager Paul Tudor Jones said Tuesday it’s a extremely tough time to be an investor in risk assets amid escalating geopolitical…

said Tuesday it's a extremely tough time to be an investor in risk assets amid escalating geopolitical tensions and untenable fiscal position in the U.S.

"It's a really challenging to want to be an equity investor and U.S. stocks right now," Jones said on CNBC's".""You've got the geopolitical uncertainty... the United States is probably in its weakest fiscal position since certainly World War II with debt to GDP at 122%." Jones is founder and chief investment officer of Tudor Investment Corp. He shot to fame after he predicted and profited from the 1987 stock market crash.

He is also the chairman of nonprofit Just Capital, which ranks public U.S. companies based on social and environmental metrics.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Colombian billionaire takes control of UK’s struggling Metro BankJaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender’s finances.
Source: CNN - 🏆 4. / 95 Read more »