Paul Tudor Jones, billionaire hedge fund manager and founder of Tudor Investment Corporation, has expressed concerns about the current state of the stock market. In an interview with CNBC’s Squawk Box, Jones highlighted escalating geopolitical risks and the deteriorating US fiscal position as reasons for his unease. He noted that the Israel-Hamas war has created a challenging geopolitical environment, which could lead to a risk-off sentiment and significantly impact the US market. Jones stated that he would wait for a resolution of the conflict before considering investing in risk assets again. He also mentioned the rising interest rates in the US, which have caused a vicious circle of higher funding costs, increased debt issuance, and bond liquidations. This, in turn, puts the US in an untenable fiscal position. While not directly mentioning cryptocurrencies, Jones’ stance suggests a potential shift of institutional investors towards diversified portfolios that may include digital assets.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	neutral
Relevance Score	1
People	Paul Tudor Jones
Companies	Tudor Investment Corporation, Iran, Israel, CNBC’s Squawk Box
Currencies	None Trading
Securities	None