What stocks do billionaires buy in a crisis?
Most financial forecasters suggest that a recession is likely on the way, and one prominent person agrees that it is almost inevitable. Legendary investor Paul Tudor Jones can see the recession coming and even predict when it will arrive.
The founder and billionaire Tudor Investment Corp expects a recession to begin this fall, largely as a result of a sharp rise in debt and asset prices in recent years. Such activity is usually accompanied by an economic downturn.
"Historically, it's about two years when it really bites and you go into recession," Tudor Jones...