Did you catch hedge fund manager Paul Tudor Jones on SquawkCNBC yesterday? Here’s what he said about the coronavirus pandemic and market volatility:
said Thursday investors should commend Washington's policy response to the economic shock from the coronavirus pandemic.
"We did in two weeks what it took the Fed eight months to do in 2009," the billionaire investor said. "Remember, we didn't even get quantitative easing until well after the great financial crisis had started, well into the recession."approved Wednesday night by the Senate "Now they came with another package in March of 2009 that got us up to 10%, and my guess is we'll be back with a bigger fiscal package somewhere down the road," he said.
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