Paul Tudor Jones Goes Full Perma-Bear

While Paul Tudor Jones comments about interest rates and the central bank conundrum are making headlines today, the thoughts are not new. In a February 2 letter to investors reviewed and reported by ValueWalk, Jones made his feelings clear.  But in speaking with Goldman Sachs Global Macro Research team, the man who called the October 1987 “Black Monday” crash sees limited choices for central bankers who have painted themselves into an economic corner. There is a free market mantra, one of those practitioner truisms that isn’t often taught in the Ivy League, that warns the longer and harder markets are…