Paul Tudor Jones Says Investors Are in Tough Spot With Fed in New Era
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The Federal Reserve is in uncharted territory and investors are facing a period not seen since the 1970s, according to Paul Tudor Jones.
“This is a most challenging period ahead for the Fed in its history,” Tudor Jones, who runs the $12 billion Tudor Investment Corp., said in an interview Tuesday on CNBC. “You can’t think of a worse environment than where we are right now for financial assets,” he added. “Clearly you don’t want to own bonds and stocks.”