Paul Tudor Jones: Really challenging time to want to be an equity investor in U.S. stocks right now

Paul Tudor Jones, Tudor Investment founder and CIO and Robin Hood Foundation founder, joins 'Squawk Box' to discuss the latest market trends, the impact of geopolitical challenges, the state of the U.S. economy and fiscal health, Treasury yields, the Fed's inflation fight, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@BenTodd-fl8nv]

I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@Theresaa12]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@gregorywhem]

I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable.

[@RickWatson-xu6gw]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@gregorywhem]

There are a lot of independent advisors you might look into. But i work with *Alicia Estela Cabouli* and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.

[@A_francis]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@NormanGhali]

I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits. I want to invest more than $300k. on equities, but I'm not sure how to go.

[@AddilynTuffin]

While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.

[@DanielPanuzi]

Having an adviser is the smartest approach in today's market, especially for those nearing retirement. I personally gained over $270K during this market downturn, which highlighted that there's valuable insight the average individual may not be aware of.

[@albacus2400BC]

That's impressive ! I could really use the expertise of these advisors.

[@DanielPanuzi]

A good FA is critical for portf0lio diversification. My advisor is *Sharon Louise Count* who can be found readily and has great understanding of the financial markets.

[@Ogden1]

I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

[@tryingbabe]

We live in a backwards world. Love this guy and what did he say? The market will be down 12%, higher interest rates coming due to spending, higher taxes needed to address the deficit and what happens? The market goes up today? This is f'd. When the drop comes, it's going to be hard and fast !!!!!!

[@Nernst96]

With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?

[@mcintyre1]

Indeed, you are correct! Economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.

[@sattler96]

The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about a year.

[@Dannyholt33]

@@sattler96 I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

[@sattler96]

Renowned for her proficiency and expertise in the financial market, “Colleen Rose Mccaffery” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.

[@Dannyholt33]

excellent share, just confirmed her page online after inputting her full name on my browser, she seems valid. very much appreciate it.

[@knowthyself690]

I like this guy. He regurgitated facts and that is that. The interpretation of those facts will be debated though. An Insider American that gives a hoot.

[@shoylu88]

PTJ is a legend! When he speaks I listen

[@garysavage8110]

LOL it's never an income problem. It's always a spending problem. No matter how high you raise taxes, congress will find a way to spend all of it plus a lot more.

[@garysavage8110]

And the welfare state, and donor pork, and Ukraine.......@@SigFigNewton

[@issenvan1050]

Does he still keep his BTC?

[@cerbarus3000]

Putting this on the previous president is rich.

[@cerbarus3000]

www.usgovernmentspending.com/include/usgs_chartDp01f.png

[@jordanslingluff287]

Fixing our fiscial situation is the only way to remain a Superpower.

[@soshityo]

Compared to what though? What other country would people buy stocks from?

[@alfredomarchione6017]

Just do the opposite

[@aggropa]

I’m glad that prominent people are stepping up and realizing that the United States cannot keep spending money like they’re in Las Vegas

[@Four_Eyes]

austerity in america? definitely not happening. inflation is way more palatable albeit terrible.

[@roc7880]

sorry Paulie but neither Trump nor Biden put US in this debt situation. it was Bush who spent the savings and made more debt. Obama made some minor changes instead of rasing taxes on rich people and companies. So this is how you got there

[@Agabusacts]

PTJ speaking truth here! 70s and 80s called and they're coming back!

[@slytherben]

QQQM is up 35% in the last 365 days. So yeah it's REALLY hard to watch my portfolio go up every day while you guys spread your false doom narrative. For an entire year you guys have been screaming recession and the market still isn't close to recession

[@joeythelipz]

Tell me you’re short, without telling me you’re short

[@Krypttor]

Thank you Paul Tudor Jones for speaking the truth that we have to cut spending and raise taxes.

[@resmarted]

No, all "we" have to do is cut spending.

[@scottpollan6364]

Idk, it's pretty easy to buy GME and hodl

[@chri6393]

I'm pretty sure this dude comes in every few months to talk about why no one should buy, and has been doing it for over a decade

[@ichoudhury007]

His fund Tudor Investment holdings are NVidia Corp. (NVDA), Microsoft Corp. (MSFT), Alphabet Inc. (GOOGL), (AMZN), Meta Platforms Inc. (META), Intel Corp. (INTC), Transdigm Group Inc. (TDG), Visa Inc. (V), Procter & Gamble Co. (PG), and Cooper Cos Inc. (COO) and many more. But his people (Smart Money Brains) love one thing - they love to buy the dip! 😅

[@cyrptolover]

Lolz....😂😂😂

[@satoboy1]

Now is different... they will say

[@drdontpassone8164]

does kernan wear a rug

[@MegaPapa8888]

someone is telling the truth.

[@acesfullmike5371]

Great subject, but be real the president is not in total control of government spending, no way.

[@Then.]

Why do we never hear these guys talk about massive cuts to defense spending?

[@Zero11_ss]

I've only seen one or two do so and the host cuts them off or claims they dont have anymore time. This network is a joke.

[@kurniawanms2]

Don't cut military spending! I have lots of $RTX, $LMT, and $GD in my portfolio

[@M3LTUP]

Raising taxes zaps spending and kills jobs. Which leads to less Taxes collected. I am a little surprised he doesnt know this.

[@oneforthemoney5579]

Paul Tudor Jones 2024

[@ShamanNoodles]

If it's Trump v Biden v RFK, I think RFK might actually win

[@royed31]

Investors stay invested

[@JW-gw5ec]

Sell your stocks to Paul, he'll take good care of them.

[@LuisMartinez-sp4nh]

I always loved PTJ since reading about him in Market Wizards, but he has pretty much been dead wrong with regards to Market prognostications forever at least in public. Whether the US pays higher interest rates or higher taxes, the results are the same, we need allocate more of our productive output to paying back past borrowings. I prefer paying higher interest rates to the private market, and punishing government spending, then simply giving the government more money to squander. That is probably wants going to happen, like it did in the 1970s. The good thing is Baby Boomers have way to much savings relative to their capacity to spend, and that money is going to be plowed back into the treasuries lowering our effective cost to borrow again. So I am actually a little more optimistic than PTJ. I wouldn't be suprised if the US Economy plows right through any recession risks in the 1st quarter. SInce the government continues to deficit spend, and there is no signs of slowing.

[@janreichenbach265]

Stick to David Tepper, not 100% accurate of course (no one is or will ever be), but pretty amazing track record. Numerous CNBC videos to be found here on YT.

[@keto6789]

lol he obviously missed the rally....

[@NICO-Z-TRADER]

So need to increase taxes. Why no one is asking the follow-up question: do we rise taxes on ultra rich, super rich and rich people ? All this debate seems disingenuous to me. I hear more and more of these rich powerful people try to inseminate the idea that social security should be reformed and throwing carefully some hints about how: by shrinking it !!! This is outrageous. If like PTJ says there is a third candidate, he will be laminated if he compains on shrinking Social Security benefits. There are hundred of other things that could be done BEFORE touching Social Security... What a disingenuous man...

[@YouTubeUpdatesAreRuiningIt]

he didn't say there is a third candidate. he recognizes the fact that there is a 95% chance of the next president being either Biden or Trump. he's just sharing his perspective, he can't make people vote a certain way.

[@jomargalvez2359]

He’s telling you to watch the bond market!! As rates are going down right now because they don’t see any future rate hikes it’s a green light for equities!!! But next year the bond market will increase long bond rates, every one will pour their money into long term bonds and the equity market will crash!!!

[@alexk729]

The market is going up as we go into Q4 toward year end. Don’t let these CNBC folks scare you out of your positions.

[@CoachJV-kf1dc]

we're recommended to take off funds from bank and purchase these recommended assets xlm and xrp xlm and xrp isn't just crypto, they're gold and silver backed

[@aureliobjm]

Its best to be careful at this time. What will happen to the economy and markets remains a mystery. There seems to be more negative portfolios this 2nd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

[@tommyers0]

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

[@josephbush]

In my opinion, I'd say just buy and hold; or hire a pro for better guidance. I started investing in stocks before the pandemic and that same year I pulled a profit of about $920k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr. You can be passively involved with the aid of a professional.

[@MarvishaN]

@josephbush Wow ,that’s stirring! Do you mind connecting me to your advisor please. I'm in dire need for one to help diversify my portfolio.

[@MarvishaN]

@josephbush Just copied and pasted Heather Lee Larioni on my browser and her page popped up immediately. I think I may have seen this name in some reviews, but I'm not sure. I'll keep an eye on her. thank you for saving me hours of researching.

[@michaelwilson9921]

How can the rapid interest-rate hike be of favor to a value investor? The same as the GFC. Sit on the sidelines in CDs, short term Treasuries or ETFs such as TFLO. Allow the recession to happen. Allow stocks to crash. Allow investors to panic sell. Then scoop up the bargains.

[@lwilson1357]

Hey Paul, we’re already in a recession

[@samsadeniz]

Guy spitting truth

[@royprovins7037]

Kernan is really going off the edge more than usual lately

[@bomont2237]

How is it hard to be an equity investor right now when you buy and hold high quality companies? Paul is a trader, so I get if the short term is not ideal for him.

[@rebeccavoodoo2191]

Fiscal Reform is vital cut spending

[@KenCaniato]

John kacic would also be good

[@TheIvyLens]

Putting macro economics into perspective, thanks!

[@mediumraresteak851]

He's a legendary investor. Laughable that he's talking about debt though. He knows this fiat ponzi scheme is a delicate house of cards and will not care to move since he will be dead by the time this debt bomb explodes.

[@seannicolas966]

This debt bomb is going to explode within 2 years max the dysfunction in the bond market and liquidations of soverign debt around the world specifally the USA tells us this

[@bretrudeseal4314]

We were put in this mess by Barak Obama, Joe Biden, George W. Bush, and Donald Trump.

[@issenvan1050]

DeSantis 2024 🇺🇸

[@LurchLures]

For me its really simple. Money is work tokens. Bonds are loans. A loan is a promise to consume more than we have already worked for now, in return for a promise to work more in the future. Who thinks the American voters are ever going to vote to work more and consume less in the future than they do now. To keep this promise. For as long as the answer to this question is "never" is how long bonds have been a ponzi scheme. The fact that Greece or Italy is in a worse state doesn't change this.

[@Dave-tc4fv]

Paul should also blame Congress for deficits, not just Presidents without a line item veto. WAKE UP!

[@econogate]

No more wars and no more income taxes free the people living in the USA jail.

[@KenCaniato]

I agree joe manchin middle of the road both sides hate him .....he speaks his mind

[@poliphilo1]

Why are government spending hawks always quick to bring up entitlements but never mention the military

[@floridaphil8496]

The problem with fiscal deficits didn’t start with Trump. It’s been going on since Reagan. Obama doubled the debt. But agree that the system is completely out of control.

[@maxwelltroy2375]

My advice to anyone starting out in the market is to seek guidance as its the best way to build long term wealth while managing your risk and emotions with the passive investing strategy.

[@user-fb2hk7vu3q]

The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. The best thing is to stay in shape and don’t let anything catch you on the wrong foot

[@rineleff2009]

As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future! Wondering if viewers here are familiar with Camille Anne Hector trading strategies

[@maxwelltroy2375]

Wow I know Camille. Her platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not she outperforms i will always stay invested as her methods alone with keeping investors in touch with their strategies and outlooks are something that so few managers are capable of and they should follow suit

[@gilbertbrien2280]

Nothing feels better than having a trader that makes maximize profit on ones benefit, I didn't get to benefit that this whole lockdown but its never late, how can i reach this trader you speak about that made you earning even in the red market?

[@rineleff2009]

if interested in her service look her name up on the net you will be directed to her platform through which you can contact her.

[@bsetdays6784]

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.

[@brandywhite9317]

The FED knows. They aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.

[@abulkalma0077]

In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor, requires guidance at some stage.

[@roddywoods8130]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $850k.

[@adenmall7596]

Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.

[@roddywoods8130]

Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. ‘’Mrs Marisol Cordova” is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals..

[@michellehavre6821]

China defense spending will be financed by US citizen taxes.?

[@janicelee4534]

Increase taxes on PRIVATE UNIVERSITY ENDOWMENTS, INVESTMENTS, AND ASSETS. Break up companies like Black Rock and Black Stone that buy up assets such as homes and drive up inflation.

[@seanclarke4875]

Wow, the conversation turns real. No more pol sides. The national credit card has been abused

[@BenjaminMcLeod815]

For first-time investors, it cannot be stressed enough how important it is to invest hard-earned money in the stock market rather than a bank where interest is guaranteed! The market appears out of control, the times are unpredictable, and the banks are deteriorating. Could there be a chance for a boomer like me? I'm working on a rough estimate of $5M for retirement, and I have a healthy six figures saved up for this. I'm almost 60.

[@Natalieneptune469]

It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

[@PhilipMurray251]

Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.

[@Patriciacraig599]

Please who’s this advisor that guides you?

[@PhilipMurray251]

NICOLE DESIREE SIMON is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.

[@Patriciacraig599]

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.

[@georgemaximus694]

It’s not challenging at all!! Just put a blindfold on and keep putting in every single one of your paychecks each month in the stock market!! Buy the dip for the next 20 to 30 years. It will be to all time highs by then.

[@warrenkener]

With fiscal policy it's worse than Mr. Jones says. Definitely started before Trump.

[@nyustdent]

this guy is smart as heck

[@Yomamaissoo]

sure sure :)

[@issenvan1050]

Joe Manchin 👏🏻

[@bahlsdeepe868]

I LOVE this guy! Every time he is on he always leaves an impression on me💯

[@wlf9108]

He’s going to leave a real impression when you have no social security or Medicare. Notice he said raise taxes on the wealthy last.

[@ednan9]

You love him - as if you want to bed him?

[@joncruz92]

All I heard was Santa Claus rally!!! The market says f u

[@DocDanTheGuitarMan]

not according to Stan the man Druckenmiller. his talk is that we cannot tax our way out. no chance.

[@HowardGoldman]

Perhaps this all started at Jekyll Island.

[@danielbrown7535]

Preper supplies...it's going down.

[@DesmondMiles333]

It still baffles me some of the ZIRP investor here in comment section who have never experienced an inflationary decade in their 14yrs of career dont know sh9t about fiscal dominance.

[@CoachJV-kf1dc]

Trust you've purchased your XLM and XRP as recommended by the QFS?

[@itsmePassportBro]

Lets go BITCOIN... EFT LETS GO...WOOP WOOP...

[@nikovenag4110]

first time I don't agree with Jones. I think he is off the time by at least 2-3 years.

[@deanalbertson7203]

When the Fed stops raising rates, that is usually a good time to be a stock investor.

[@jakubkouo]

Yes but it takes time. Stock market typically bottoms when FED is already 75% in QE.

[@rebeccavoodoo2191]

Federal Reserve is out of control

[@danielking104]

It's been a long time since cnbc have an adult in the room instead of a speculator to get rich. If you are already rich you look with reason. Tom Lee looks like a clown next to this guy.

[@Kindisbetter]

Paul wants Elon Musk to distribute his wealth among Musk’s employees BUT won’t do a distribution for Paul’s employees. Do as I say not as I do billionaire politics at play.

[@drscopeify]

Wall street trying to prove to their customers that they were "smart" for not buying ETFs and missed the rally and had no clue there would be no recession..... While I am stock picking and sitting on 20% gains what are their customers sitting on???? Yeah, you need 4% just to cover inflation don't forget that....

[@smithyboy572]

We did have a minsky moment

[@jww312]

He said Trump's lowering taxes was a good thing. He neglected to explain that he only lowered taxes for the richest people, and corporations. 😂 That did not benefit us.

[@bteasley99]

About half the country doesn't pay federal income tax. So you're right. He didn't lower their taxes, 'cause it's impossible. Otherwise, Trump lowered taxes for EVERYONE who pays federal taxes. Check the actual rates and see that the decreased. He also raised the standard deduction quite substantially, which made it much easier for many people to do their taxes - and got anyone who takes the standard deduction more money in their pocket.

[@MannyBeInvesting]

Trying to blame this on Trump is unhinged psychosis lmao.

[@gotya2006]

Paul Tudor Jones for President

[@najanator]

Easy solution... STUDY BITCOIN & SAVE IN BITCOIN

[@tarheel181]

Politicians won't act until we threaten to vote them out or economy is close to collapsing, chop chop!

[@chrislambwillwritingltd1710]

This video aged well 😂… another FUD segment from a billionaire talking rubbish… US equities challenging but we seen one of the biggest bull markets in the last 12 months… another clear and evident example of why you should NEVER get your investing advice from CNBC… Paul Tudor Jones please 🤫

[@matteotortorici]

ATH incoming eoy.

[@Bicklehoff794]

Tudor for President

[@eyelovecolorado2195]

Yup. Both Trump and Biden are bad choices. Will someone else step up to the plate?.?

[@brunoheggli2888]

Dose that mean game over for Tesla!

[@method341]

yup. High P/E stocks will get CRUSHED

[@NoName-zb1gm]

You would never know it watching the stock market.

[@martysolo4770]

Covid was on his Radar in Davos before anyone knew the word is what he said.... sketchy

[@mastercc4509]

Military industrial complex is a safe investment bet right now. Since Ukraine war and now the conflict in Israel will see steady orders to replenish magnitudes of weapons. Lots of jobs in the US. Fear mongering about nukes when Russian cabinet members children live in the US and all over Nato. The danger is coming from republicans withholding aid to Israel and Ukraine.

[@Quantitative_Teasing]

It’s really going to come down to is the fed going to intervene via yield curve control and fund this deficit he is talking about with money printed out of thin air (you’ll get the kind of inflation that will make this last 2 years inflation look like picnic) or they do the right thing and do what he’s suggesting (raise taxes and reform social security). My bet is unfortunately they will do the former and that’s the kind of action that has brought down all previous superpowers to their knees.

[@markcrouch9047]

Another billionaire hating on Trump. Shock. 😂

[@tommay7735]

Democratic Congress spending like drunken sailor. Trump had to deal with Democratic Congress the last two years.

[@itsmePassportBro]

Black Swans are actually nice animal's just got a bad name...

[@dev4statingx90]

Being a millennial is awesome, work your ass off, own nothing. Thanks boomers.

[@KK-qc5ct]

It would be great if election issues were solvency, military and immigration.

[@user-cn5ri5he4c]

I am outside the US. IS there any US MSM over there? IS there anyone in the US who knows how to ask politicians important questions? I only hear political idiots shouting and accomplishing nothing. Isn't there anyone who knows how to ask pertinent questions?

[@jacknaneek1681]

Joe kiernan should just not talk.

[@jaygatsby1]

Don’t dye your hair PTJ. It looks redonkulous.

[@earl272007]

raising taxes on middle class wont work there has to be a total rework of the tax code to a simple form get ride of tax loop holes etc so he isnt correct either

[@resa574]

Raising taxes does help, just can't be done because the people wouldn't want it to happen