Finance

Resist the temptation to close your eyes and buy into this S&P 500 rally, advises hedge-fund legend

Jones is concerned about excess leverage in the system, about the S&P valuations and a deluge of equity supply but he does sense an opportunity in Japan

M
MarketWatch
April 28, 2026·1 min read
Resist the temptation to close your eyes and buy into this S&P 500 rally, advises hedge-fund legend

Image: MarketWatch

Jones is concerned about excess leverage in the system, about the S&P valuations and a deluge of equity supply but he does sense an opportunity in Japan

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Resist the temptation to close your eyes and buy into this S&P 500 rally, advises hedge-fund legend

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