Video News/In Focus with Jeremy Szafron

Billionaire hedge fund legend Paul Tudor Jones just warned that U.S. stocks are heading for new lows - even if Trump rolls China tariffs back to 50%. Ted Oakley, Founder & Managing Partner at Oxbow Advisors, joins Kitco News Anchor Jeremy Szafron to break down why this warning may be right - and why retail investors are “whistling past the graveyard.” Oakley, who manages multi-billion-dollar portfolios for high-net-worth families, is holding over 50% cash. In this exclusive interview, he reveals why corporate margins and P/E multiples are likely to fall in tandem, what sectors he’s buying (and dumping), and why most investors are dangerously mispositioned for what’s coming. Oakley also explains his tactical plays in gold and miners, how to reposition for safety without panic selling, and why retirees are at massive risk in today’s market.