Published on 15 Mar 2024 on Insider Monkey via Yahoo Finance
Billionaire Paul Tudor Jones and Insiders Love These 10 Stocks
In this article, we will take a detailed look at Billionaire Paul Tudor Jones and Insiders Love These 10 Stocks. For a quick overview of such stocks, read our article Billionaire Paul Tudor Jones and Insiders Love These 5 Stocks.
In an interview given to the Palm Beach Civic Association in January 2024, billionaire Paul Tudor Jones said that whatever happens in the US stock market in the next 12 to 24 months would largely depend on the fiscal situation and policy response of the next President of the country. Jones, who has a net worth of over $8 billion, said the stock market is not the manifestation of the economic fundamentals. Instead, according to Jones, markets represent people’s ideas and what they make of the economic situation. Paul Tudor Jones said that there’s a chance the stock market would be “here or lower” in the next five to ten years. However, the billionaire also said it’s possible that the markets would go higher from here if the next President of the US devises a better “policy response” next year.
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