Marc Lasry: 'If Warren is president, I think you are going to see a real slowdown.'
Marc Lasry, the founder of Avenue Capital and co-owner of the Milwaukee Bucks, said at the Greenwich Economic Forum that if Warren becomes the nominee the best bet would be to short the market.
"If Warren is president, I think you are going to see a real slowdown," Lasry said. "I think consumer spending will slowdown."
Paul Tudor Jones: "Our polls said if Elizabeth Warren was elected the S&P would trade around 2,250."
Hedge fund billionaire Paul Tudor Jones reiterated his earlier call on Tuesday at the Greenwich Economic Forum that he expects the S&P 500 would fall 25% if Warren wins the election.
"Our polls said if Elizabeth was elected the S&P would trade around 2,250. Her policies would, assuming they were implemented, probably give you something like that," Jones said at the conference, according to CNBC.
The S&P 500 is currently trading at about 3,075, around a 26% premium from Jones's projection under a Warren presidency.
Jamie Dimon: "Some would say she vilifies successful people. I don't like vilifying anybody."
JPMorgan CEO Jamie Dimon addressed Warren's characterization of the wealthy in an interview with CNBC Tuesday.
"She uses some pretty harsh words," Dimon said. "Some would say she vilifies successful people. I don't like vilifying anybody. I think we should applaud successful people."