Paul Tudor Jones’ Prescient Prediction

The macro fund warned about the market on the eve of its collapse.

Paul Tudor Jones (Michael Nagle/Bloomberg)

Paul Tudor Jones

(Michael Nagle/Bloomberg)

Paul Tudor Jones II was clearly gearing up for a market selloff caused by the growing coronavirus pandemic shortly before the markets imploded late last month.

In a letter Tudor Investment Corp. sent to clients on February 24, the legendary macro manager warned of the near-term risks associated with the COVID-19 virus and predicted a big rally in bonds and a big selloff in stocks.

While

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