Paul Tudor Jones says stocks could retest lows as virus peaks but will be higher in 3 to 5 months

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Stocks could retest lows as the coronavirus peaks, but will be higher in 3-5 months, Paul Tudor Jones said. “I do think the stock market’s going to find a bottom. Once we get the peak in the epidemic curve, no doubt in my mind the stock market will rally.”

, shattering the all-time mark of 695,000 in October 1982.

The disease has killed more than 1,000 people in the United States, according to Johns Hopkins University. "We've got to be careful not to mythologize this particular disease," he said. "We've got to be careful not to mythologize this into the pandemic Godzilla. We can beat this thing."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So the other “large portion of people”, what do we say to them? Thank God his daughter is ok and has no symptoms but what if it was the other way around, would he still saying the same words?

Over the next 2 weeks, lmao. Proof that money can’t buy common sense. In 2 weeks we’ll be right where we are now. Trapped in our homes praying for a miracle that won’t come.

Gosh, could you stop having these these sanctimonious pompous elite white males that think they know best for everyone else. gutterjournalism is CNBC

His daughter was ok. So no one needs to worry anymore. Packed churches by Easter!

No one wants to hear from these idiots who know ZERO about science.

The Dow is going to 16k

Go take care of your daughter and stop worrying about your money and your reputation.

don't tell me his daughter's name is Greta🤣🤣

Paul Tudor Jones is everything Ackman wishes he was . . . And Becky Quick looks so different lately 😂😂

I do not think the market has priced in this outcome. My guess we will see the lows again and maybe go 10% lower then that by end of April. If we do not get 95% compliance+ on social distancing & quarantine measures, May could get brutal. My guess enforcement will happen by then.

Funny how the media never admits we're in a recession until the market has already fallen over 2/3 of its total draw down...making it useless info to anyone still holding on.

I truly think we are not effectively pulling off social distancing. We have been doubling every 3 days. Tuesday was 47K. 81K today, so likely 94K Friday. So Monday I expect 180-190K. Same rate happening locally in my town. 5 cases Tues. 8 today, expect 10 on Friday.

Cnbc is retarded. They put all these 'experts' on. The elite are using the Fed to get rich while millions are being laid off.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines