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Tag: Hedge Funds

Senate, Fed coronavirus aid is greatest fiscal-monetary bazooka ever

Senate, Fed coronavirus aid is greatest fiscal-monetary bazooka ever

Paul Tudor Jones Kevin Mazur | Getty Images Hedge fund manager Paul Tudor Jones said Thursday investors should commend Washington’s policy response to the economic shock from the coronavirus pandemic.  “Investors can take heart that we’ve counteracted this existential shock with the greatest fiscal, monetary bazooka. It’s not even a bazooka. It’s more like a nuclear bomb,” […]

Next week jobless claims could hit 2 million on coronavirus

Next week jobless claims could hit 2 million on coronavirus

Next Thursday’s look at weekly new jobless claims may show a tenfold spike to 2 million as the full force of the coronavirus halt in the U.S. economy slams the labor market, economist Ian Shepherdson told CNBC. Shepherdson’s comments came ahead of this Thursday’s release of the Labor Department’s weekly report on jobless claims. The […]