Paul Tudor Jones Warns U.S. Stocks May Deliver Negative Returns Over the Next Decade

Billionaire investor Paul Tudor Jones says the stock market is already trading at extremely elevated levels, making future gains increasingly difficult.
“The stock market is really high,” he said. “It’s going to be hard to make money from here.”
Jones, who became famous for anticipating the 1987 market crash , warned that the S&P 500 could generate negative forward returns over the next 10 years .
His warning suggests that today’s high valuations may leave investors with limited upside and a much smaller margin for error.