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Paul Tudor Jones: 'Friday Was One Of The Greatest Days I Can Remember In Macro Trading'

From businessinsider.com

Paul Tudor Jones just presented at this year's Sohn Investment Conference, and his idea came with a serious dose of market wisdom in the midst of what he considers one of the hardest times for macro traders he's seen in his career. He made his point using Friday's stellar jobs number. As PTJ pointed out, it was some of the strongest data the U.S. has seen since 2007. It sent every signal to sell bonds. But if you would've done that, you'd be in trouble. By the end of the day bonds had rallied. "What is obvious is obviously wrong," was PTJ's takeaway. He added, "The message to all bond bears is wait until you see ... (full story)

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