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Fortune
Fortune
Chris Morris

The hedge-fund legend who predicted Black Monday sounds a new market warning, saying stocks will 'go down to new lows'

Photo of Paul Tudor Jones (Credit: Kevin Mazur/Getty Images for Robin Hood)
  • Paul Tudor Jones says the market is about to hit new lows. Jones, who predicted and profited from the 1987 stock market crash, says tariffs, particularly against China, will cause the market to fall. Even if Chinese tariffs are cut to 50%, he says, markets are still set to tumble.

Paul Tudor Jones, the hedge fund legend who predicted the Black Monday stock market crash, has another dark prediction for Wall Street.

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