‘Feels Exactly Like 1999’: Billionaire Paul Tudor Jones Says Stocks Appear Primed for Massive Price Appreciation
Billionaire investor Paul Tudor Jones says the stock market could be headed toward a blow-off top and “massive” price appreciation.
Jones says in a new interview with CNBC that the market “feels exactly like 1999.”
“I don’t know whether we’ll actually replay it exactly, but I think all the ingredients are in place, and certainly from a trading standpoint, you have to position yourself like it’s October of ’99. I don’t see why you would do anything but that. And remember, the Nasdaq doubled between the first week of October ’99 and March of 2000. So if it looks like a duck and quacks like a duck, it’s probably not a chicken, right?”
The founder of Tudor Investment Corporation notes that the greatest price appreciation in bull markets typically occurs in the 12 months preceding the top.
“If you don’t play it, you’re missing out on the juice. If you do play it, you have to have really happy feet, because there will be a really, really bad end to it. And my guess is that I think all the ingredients are in place for some kind of a blow-off.”
Jones says the one major difference between now and 1999 is that the current market has even more explosive potential.
“In 1999, we were looking at a rate hike in November. Now we’re looking at a rate cut. We were looking at four more rate hikes before we actually topped in 2000; now we’re looking at 3-4 rate cuts, probably at least. So you have monetary policy that’s going to take us to real rates of zero or less, probably – depending on the next Fed chair.
And then the big difference is, obviously, fiscal policy. We had a budget surplus in ’99/2000, now we’ve got a 6% budget deficit, so that combination, that fiscal/monetary combination, is a brew that we haven’t seen since I guess the post-war period or the early ’50s… and that was crazy times.”
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BAT rises 1.26% as short-term profits counteract overall declines
- BAT surged 1.26% in 24 hours to $0.1683, contrasting a 27.66% annual decline despite 20.54% monthly gains. - Short-term momentum reflects improved risk appetite and easing crypto bearishness, though long-term fundamentals remain weak. - A proposed EMA crossover strategy aims to validate trends using 50/200-day indicators amid volatile price action. - Backtesting over 12 months with $10k investment seeks to manage risk through -10% stop-loss and +20% take-profit thresholds.
U.S. and China Hold Trade Negotiations in Kuala Lumpur to Prevent Escalation and Extend Ceasefire
- U.S.-China high-level trade talks resumed in Kuala Lumpur, 2025, aiming to avert a trade war ahead of potential Trump-Xi APEC summit discussions. - Negotiations focused on agricultural trade (U.S. soybean imports to China dropped to zero in September 2025), rare earth export controls, and semiconductor tariffs. - Malaysia's neutral role highlighted its diplomatic influence, with U.S. officials acknowledging its strategic value in stabilizing trade ties amid unresolved issues like Hong Kong's Jimmy Lai de
Ethereum Updates Today: Institutional Optimism Meets ETF Withdrawals While Ethereum's Key Support Levels Shape Its Future
- Ethereum's price dropped below $4,000 as "Buddy" sold $600,000 ETH in 3 hours, while ETF outflows reached $93.6M led by BlackRock's ETHA fund. - Institutional buyers like BitMine accumulated 63,539 ETH ($251M) during the dip, expanding their treasury to 3.29M ETH ($13B). - Analysts remain divided: Tom Lee targets $10,000–$12,000 for 2025 citing institutional adoption, while 79% of traders fear prolonged U.S. government shutdown risks. - Market hinges on $3,670–$3,870 support level holding to trigger a po
Cardano News Update: ADA Faces Technical Downtrend While Foundation Pursues Web3 Growth Amid Regulatory Uncertainty
- ADA maintained $0.63 support within a tightening symmetrical triangle, with potential breakout targets at $1.70 or $0.55 if key levels break. - Coinglass reported $1.34M ADA outflows amid bearish technical indicators, including Parabolic SAR dominance and critical EMA barriers at $0.69-$0.77. - Cardano Foundation plans to apply for .ada/.cardano gTLDs in 2026, aiming to boost ecosystem visibility and utility across Web2/3. - Bitcoin ETFs saw $90.6M inflows while Ethereum ETFs lost $93.6M, with SEC delays
Trending news
MoreCrypto prices
More
