Paul Tudor Jones says ingredients are in place for massive rally before a 'blow off' top to bull market

Billionaire hedge money manager Paul Tudor Jones believes the conditions are acceptable for a almighty surge successful banal prices earlier the bull marketplace tops out.

"My conjecture is that I deliberation each the ingredients are successful spot for immoderate benignant of a stroke off," Jones said connected CNBC's "Squawk Box" Monday. "History rhymes a lot, truthful I would deliberation immoderate mentation of it is going to hap again. if anything, present is truthful overmuch much perchance explosive than 1999."

The laminitis and main concern serviceman of Tudor Investment said today's marketplace is reminiscent of the setup starring up to the burst of the dotcom bubble successful precocious 1999, with melodramatic rallies successful exertion shares. Jones said the circular deals oregon vendor financing happening successful the artificial quality abstraction contiguous besides made him "nervous."

The quality betwixt present and past is the U.S. fiscal and monetary policy, Jones noted. The Federal Reserve had conscionable begun a caller easing cycle, whereas complaint hikes were connected the mode earlier the marketplace apical successful 2000. The U.S. is present moving a 6% fund deficit, portion successful 1999, determination was a fund surplus successful $99,000, Jones said.

"That fiscal monetary operation is simply a brew that we haven't seen since, I guess, the postwar period, aboriginal 50s," helium said.

Jones changeable to fame aft helium predicted and profited from the 1987 banal marketplace crash. He is besides the president of nonprofit Just Capital, which ranks nationalist U.S. companies based connected societal and biology metrics.

"You person to get connected and disconnected the bid beauteous quick. If you conscionable deliberation astir bull markets, the top terms appreciations ever [occurs] the 12 months preceding the top," Jones said. "It benignant of doubles immoderate the yearly averages, and earlier then, if you don't play it, you're missing retired connected the juice; if you bash play it, you person to person truly blessed feet, due to the fact that determination volition beryllium a really, truly atrocious extremity to it."

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