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Paul Tudor Jones: Commodities Will Be Ugly Until At Least 2020
Commodity prices have been falling around the world, and Paul Tudor Jones II thinks this trend will play out through 2020. On Monday, the legendary macro trader was interviewed by another legend, Stanley Druckenmiller, at the Robin Hood Investors Conference. The conference, which is stacked with hedge fund heavyweights, is off limits to the press. We have a source inside who was kind enough to share his notes from Monday evening's panel. According to our source's notes, Jones says we are in the downturn for the current commodities cycle. Having reached the peak of the cycle a few years ago, we are still heading down ... (full story)
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