Tudor’s Jones Said Macro Funds Need ‘Central Bank Viagra’
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Paul Tudor Jones, founder of the $13.6 billion Tudor Investment Corp., said macroeconomic investing is “boring” as central banks keep interest rates depressed for long periods of time.
“What we desperately need is a macro doctor to prescribe central bank Viagra because otherwise it’s going to continue to be somewhat dull,” said Jones, equating an increase in interest rates to Pfizer Inc.’s blue pill for erectile dysfunction.