(bloomberg.com) Tudor Investment Corp., the $10.8 billion hedge-fund firm run by Paul Tudor Jones, said equity markets could decline later this year, creating buying opportunities.
Slowing growth in China and the return of front-page stories on swine flu may be “further catalysts for global equity markets to pause in September,” the Greenwich, Connecticut-based firm said in an Aug. 3 client letter, a copy of which was obtained by Bloomberg News.
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6 comments:
It could be post-March regret on his part, but I think he has a point. The market's already gone back to slightly overvalued territory.
Given where the market was, it's a little unsettling to see how far it's come in the last five months.
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