The legend of the Paul Tudor-Jones hedge fund was on CNBC today and spoke of an explosive blow of breath on the stock markets reminiscent of the Dot-Com bubble.
“All the ingredients are in place,” he said.
Jones noted that from the first week from October 1999 to March 2000, the Nasdaq double Before crashing. He was back below October 1999 levels by November following and finally much lower. Until 2016 took for the Nasdaq to return to record heights.
This period of October-March should be recalled, when the Nasdaq finished in 19 of the 21 weeks, including a series of 11 in a row. It was really a legendary period.
Nasdaq every week during the boom and the dowry bust
