Billionaire trader Paul Tudor Jones says investors should preserve capital now: 'Clearly you don't want to own bonds or stocks'

Hedge fund manager Paul Tudor Jones said investors are facing a worst-case scenario as the

Federal Reserve raises rates in an already-tightening market.
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Hedge fund manager Paul Tudor Jones said investors are facing a worst-case scenario as the Federal Reserve raises rates in an already-tightening market. The founder and chief investment officer of Tudor Investments told CNBC the Fed typically cuts rates instead of hikes them when the economy slows or financial markets show strain. “We’re in uncharted territory,” he said.

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