Paul Tudor Jones' Interview With CNBC

Rate cuts from the Fed are coming

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Jun 12, 2019
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Overview

On Wednesday, legendary billionaire investor Paul Tudor Jones (Trades, Portfolio) appeared on CNBC to discuss various topics.

He focused a lot on the Federal Reserve and the coming rate cuts this year. Jones said investors will need to adjust their playbooks for the looming rate cuts. He recommends bets on gold and stocks and against the U.S. dollar.

The guru believes tariffs are the main driver of the coming rate cuts. In addition, he thinks the global slowdown will start to affect the U.S. sooner rather than later.

Jones also discussed his Robin Hood Foundation and Just Capital, the exchange-traded fund he created. The ETF picks companies that are socially responsible based on certain statistics and then ranks them from one to 1,000. Â

Interview