Paul Tudor Jones Says Trading in the Second Half to Be ‘Phenomenal’
- Stocks likely to rise a lot higher later in the year, he said
- Doesn’t have many macro trades on now as rates may go up
Paul Tudor Jones
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Billionaire hedge fund manager Paul Tudor Jones said the second half of the year is going to be a “phenomenal” trading time when interest rates will move “significantly” higher as will stocks.
Jones said in an interview on CNBC Tuesday that if he ran the Federal Reserve it would increase rates by 150 basis points.