Hedge Fund Manager Jones: ‘We Are Going To be Broke’

Billionaire hedge fund manager Paul Tudor Jones told CNBC Tuesday unless the government gets serious about cutting spending, the consequences will be dire.

“We’re going to be broke really quickly unless we get serious about dealing with our spending issues,” Jones said.

READ More  Update: Huge Blow To DP Rigathi Gachagua After Court Did The Following

Jones, who runs Tudor Investment Corporation, said increased government spending could cause a sell-off in the bond market, leading to increased interest rates. Jones said he will not own fixed income assets and will bet against the longer-dated part of the bond market. Read on Newsmax.

READ More  UPDATE: People's Daily reports that Kenyans will have a new DP by Saturday

Mil

Related Posts

  • MilMil
  • News
  • November 6, 2024
  • 6 views
Hashim Dagane Muhumed Linked To Another Murder Incident

Detectives investigating the recovery of a badly mutilated body found dumped at Langata cemetery on 31/10/2024 have recorded a major breakthrough that has lifted the lid on the activities of…

Read more

Trump is only 28 electoral votes away from winning the presidency for a second time

BATTLEGROUND PROJECTION: NEWSMAX projects Donald Trump to win the state of Georgia and its 16 electoral votes. Trump is only 28 electoral votes away from winning the presidency for a…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Hashim Dagane Muhumed Linked To Another Murder Incident

  • By Mil
  • November 6, 2024
  • 6 views
Hashim Dagane Muhumed Linked To Another Murder Incident

Trump is only 28 electoral votes away from winning the presidency for a second time

  • By Mil
  • November 6, 2024
  • 8 views
Trump is only 28 electoral votes away from winning the presidency for a second time

UCL Full Time Scores

  • By Mil
  • November 6, 2024
  • 5 views
UCL Full Time Scores

Windy Rains Leave Families Homeless In Musyani Village

  • By Mil
  • November 5, 2024
  • 7 views
Windy Rains Leave Families Homeless In Musyani Village

Inter Milan and Barcelona eye move for Chelsea’s Enzo Fernandez, Arsenal target Newcastle’s Alexander Isak

  • By Mil
  • November 5, 2024
  • 5 views
Inter Milan and Barcelona eye move for Chelsea’s Enzo Fernandez, Arsenal target Newcastle’s Alexander Isak

Elon Musk Can Keep Giving $1M To Voters, Judge Rules

  • By Mil
  • November 5, 2024
  • 10 views
Elon Musk Can Keep Giving $1M To Voters, Judge Rules