Markets.News
In an interview, Paul Tudor Jones highlighted the US's increasing budget deficits and limited fiscal space, suggesting a strategy of a diversified portfolio including Bitcoin, gold, and equities to combat this. He emphasized that a balanced portfolio of these assets could help tackle inflation and volatility, considering Bitcoin's high volatility compared to gold. Jones recommended a mix of stocks, gold, and Bitcoin as the ideal portfolio for this environment. This advice was given against the backdrop of the US's ongoing deficit spending, which Jones believes will necessitate future policymakers to manage this issue carefully. Jones' insights were shared with Bloomberg in a broader discussion on the fiscal outlook of the United States.