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PAUL TUDOR JONES SAYS RUSSIA-UKRAINE WAR LIKELY TO END WITH ‘VIOLENT DEATH’ OF PUTIN: HERE’S WHAT IT MEANS FOR THE MARKETS

The U.S. economy is most certainly headed for a recession, according to billionaire hedge fund manager Paul Tudor Jones, but depending on how Russia’s conflict in Ukraine plays out, the market may rebound.

Jones stated on Monday’s episode of “Squawk Box” on CNBC that “We have a dictator who is losing and normally that doesn’t end well.”

Who is he going to take with him when that ends in a violent death, which is the usual outcome?

What You Should Know: According to Jones, Vladimir Putin’s passing will put an end to the war in Ukraine. According to him, what Putin decides to do before the battle is over could have a big impact on wider markets. Is it going to be the regional focus between Russia and Ukraine, or does it go beyond that? Jones asked

.Putin warned that he isn’t playing a game when it comes to using nuclear weapons to defend Russia near the end of September.

Before accusing the West of adopting “nuclear blackmail,” Putin added, “When the territorial integrity of our nation is challenged, to safeguard Russia and our people, we will undoubtedly use all the means at our disposal

.Why It Matters: According to Jones, the markets continue to be threatened by the possibility of nuclear war.

The effects of the two outcomes on the markets are so drastically different from one another. In contrast, if he raises the kinetic side of his response, which I believe is more likely, you have the Armageddon scenario, Jones said. If he suddenly disappeared tomorrow

Because the results are so binary and have such vastly different repercussions for so many different asset classes, Jones said, “we make everyone cover their tails if you’ve got something that’s going to be exposed to, again, an escalation in the kinetic response, whether it’s chemical weapons or a tactical nuke or whatever.”

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