A heads up for remarks from hedge fund big wig Paul Tudor Jones. He was speaking at the Greenwich Economic Forum in Greenwich, Connecticut.

These have been out over the past 24 hours or so, so not breaking

  • "We're going to stress test our whole corporate credit market for the first time"
  • "From a markets perspective, it's going to be interesting. There probably will be some really scary moments in corporate credit."

Says there has been excessive lending while we have had zero and negative interest rates, the leverage could be a systemic risk.

I guess no one will be surprised by such comments, but there is more at these links if you want:

ps. I don't read this as PTJ saying we are all doomed, he is just outlining risks. Though if you'd like to go off and run around like a headless chook don't le t me stop you.