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Paul Tudor Jones May Be Right, But At The End Of The Day, We’re All ‘Clueless’
Earlier this week, at an event sponsored by his non-profit, Paul Tudor Jones suggested it's time to be long stocks as the Fed gears up for a rate cut (or two or maybe three).
"[It's] first rate cut 101", he said, adding that in addition to being long stocks, rates and gold, you'll want to be "at some point short the dollar".
For what it's worth, here is the actual track record for stocks around the onset of rate cuts (there are literally dozens of variations on this chart floating around at th
It is really a question of whether the Economic system can more easily afford a culmination of this enigma through more manipulation and rationalization and parsing of the ‘facts’ or letting a normal economic cycle take its toll and begin the rebuild cycle from a new baseline with some new rules…….I would guess monumental Egos , as they appear, find neither alternative palatable !!!!! Therefore we are “all clueless”