U.S. stocks could face a serious test in 2027 as a tsunami of new equity issuance threatens to upend the artificial-intelligence-driven bull market, according to hedge-fund billionaire Paul Tudor Jones.
“2027 is going to be really, really challenging for the stock market,” said Jones, the founder of Tudor Investment Corp. “You’ve probably got the most negative flow picture for the U.S. stock market that we’ve had since 2002.”
