Paul Tudor Jones says the ingredients are present for a huge gathering before “blow” up to the bull market

Director of the Hittage Fund billionaire Paul Tudor Jones It is believed that the conditions are specific to a strong increase in stock prices before the emerging market excels.

“I think I think all ingredients are there for a kind of blow,” Jones said on Monday.Squawk box. “Calendar history, so I think some of it will happen again. If there is anything, then now more perceived in 1999. “

The founder and chief investment official in Tudor Investment said that today’s market reminds us of the preparation leading to the explosion of the Dot-Com bubble in late 1999, with dramatic gatherings in the shares of technology and increased speculation behavior. Jones said that circular deals or financing sellers are taking place in the field of artificial intelligence today, making him “tense”.

The heavy technical nasdaq technical compound increased by 55 % from the bottom of April to consecutive standards. This gathering was driven by major technology giants, which invested billions of dollars in artificial intelligence and is rich in the capabilities of this emerging era.

Jones indicated that the difference between now and 1999 is the American financial and monetary policy. Jones said the federal reserve has just started a new dilution course, while the high prices were on the road before the market summit in 2000. The United States is now running a 6 % deficit in the budget, while there was a budget surplus in 1999.

“This financial critical mix is ​​a drink that we have not seen since then, I think, after the war, in the early fifties,” he said.

The most prominent investor has been tension in the heart of each shocking market late-the passion for obtaining great gains and the imperative of painful correction.

“You have to go out and outside the train very quickly. If you are only thinking about the bull market, the biggest price is always (happens) during the 12 months before the summit,” Jones said. “It is a type of marital, whatever the annual averages, and before that, if you do not play them, you are missing the juice;

Jones certainly does not expect an immediate contraction. He believes that the bull market still has a jogging room before reaching its final stage.

“It will take a speculative madness for us to raise these prices,” he said.

He said that he would have a mixture of gold, cryptocurrencies, and Nasdaq Tech shares from now to the end of the year to take advantage of the gathering feed by fear of losing it.

Jones opened fire on fame after predicting and completing the collapse of the stock market in 1987. He is also the co -founder of Just Capital, which is classified as American public companies based on social and environmental standards.

Correction: The heavy nasdaq technical compound increased by 55 % from the bottom of April to the highest in a successive standard. Previous version made a mistake in the percentage.