The market will drop 25% if Warren wins the election, says hedge fund legend Paul Tudor Jones

(CNBC) Billionaire Paul Tudor Jones on Monday joined a growing chorus of Wall Street regulars in forecasting major losses for the U.S. stock market if Democrat Elizabeth Warren wins the 2020 presidential election. The S&P 500 would sink about 25% if the Massachusetts senator beats President Donald Trump next year on investor fears over her proposed wealth tax

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