Paul Tudor Jones on Inflation: ‘It’s Not Transitory, It’s Here to Stay,’ ‘Biggest Threat … to Society’

TRANSCRIPT:

TUDOR JONES: "I think the thing that to me is the number one issue facing the main street investors is inflation. And it’s pretty clear to me that inflation is not transitory, it’s here to stay, and it's probably the single biggest threat to certainly financial markets and, again, probably, I think the society just in general. So, this 5.5% CPI is a real outburst. The highest CPI we’ve had in 30 years and, of course, it’s going to go higher here in the next few months as energy feeds through it."