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Paul Tudor Jones says Fed rate cuts are coming and this is what investors should do
Investors should start adjusting their playbook to get ready for a looming Federal Reserve interest rate cut, billionaire hedge fund magnate Paul Tudor Jones said Wednesday. The recommended strategy will entail a bet on falling rates and rising gold, as well as against the U.S. dollar and “at some point” stocks “at least initially,” the Tudor Investment founder told Bloomberg News before an event sponsored by his nonprofit JUST Capital. “I didn’t think we’d have a first cut in 2019,” Jones said. “I don’t think we would have had that had we not gotten into this tariff battle, and so it has ... (full story)
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