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Billionaire Paul Tudor Jones Predicts a Recession in Early 2024. Here's What It Could Mean for Stocks.

TheMotleyFool

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Billionaire Paul Tudor Jones Predicts a Recession in Early 2024. Here's What It Could Mean for Stocks.: https://g.foolcdn.com/editorial/images/750519/recession-warning-sign.jpg

Paul Tudor Jones II built a fortune currently worth over $8 billion. Much of his success is due to shrewd trades on currencies and interest rate moves. His Tudor Investment hedge fund is also heavily invested in stocks, with more than 50 equity positions, in addition to several call and put options on individual stocks.

As you might expect, Jones closely follows macroeconomic indicators as part of his investing strategy. And he doesn't like what he sees right now.

Image source: Getty Images.

Source Fool.com

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