CNBC, Released on 6/14/21
Billionaire hedge fund manager Paul Tudor Jones, a prominent Wall Street figure who called the stock market crash in 1987, told CNBC’s “Squawk Box” Monday if the Fed treats higher prices with “nonchalance,” it would be a “green light to bet heavily on every inflation trade.”
Paul Tudor Jones is an American billionaire hedge fund manager. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Stamford, Connecticut. Eight years later he founded the Robin Hood Foundation, which focuses on poverty reduction.