Paul Tudor Jones Sees Regular Virus Testing, Isolation In Future
- Fund manager sees U.S. coronavirus cases peaking in April
- Calls fiscal stimulus a ‘nuclear bomb’ to counteract the shock
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Billionaire Paul Tudor Jones said workers in the U.S. should start thinking about resuming a different kind of life after the worst of Covid-19 -- one with widespread testing and periodic self-isolation.
The legendary trader and hedge fund manager, who said his daughter has the virus, told CNBC Thursday that he believes cases of the disease will likely peak in the U.S. in early April. While markets could edge lower in the interim, stocks should rally once cases peak, and equities will be higher three to five months from now, he said.