Paul Tudor Jones says this 'crazy' stock market run reminds him a lot of early '99
From a month ago, anons.
Paul Tudor Jones said at the World Economic Forum that the stock market today reminds him of early '99.
"We are just again in this craziest monetary and fiscal mix in history. It's so explosive. It defies imagination," he said.
Asked if he wants to get off the train in the bull run, Jones said, "Not really. The train has got a long, long way to go if you think about it."
However, Jones warned that the "curveball" to derail the bull market could be the outbreak of a new coronavirus.
PTJ also "called" the crash of 1987. He was my hero in the biz, but I have to tell you his rise and success have been so meteoric and enduring as to make one go, "hmmm. either very talented, very lucky, very connected, or some combination."