Posted 10/10/2023, 4:06:00 PM
Paul Tudor Jones Warns of Geopolitical Risks and Rising Debt, Prefers Bitcoin and Gold Over Stocks
- Paul Tudor Jones sees extensive geopolitical risk and rising US debt as threats to owning stocks
- He calls the current geopolitical environment the most threatening he's ever seen
- Jones says the weak US fiscal position creates a vicious circle of higher rates and debt costs
- He can't love stocks now but loves bitcoin and gold as alternatives
- Previously Jones said he wanted 5% of assets in bitcoin but recently sounded less bullish on crypto
