Bill Heddle, head of Hedge Fund Paul Tudor Jones, stated on Tuesday that the stock market is moving toward further declines. He expressed concern about the potential reduction in liquidity, which could become another factor contributing to the drop in stock prices.
According to Tudor Jones, the risk of increased rates from the Federal Reserve also puts pressure on the bond markets. He expressed a concern about the potential consequences of higher rates for specific companies that have high levels of debt.
"We are facing increasingly complicated circumstances, and many investors may need to withdraw their funds from the market," he noted.
