Hedge fund supervisor Paul Tudor Jones stated Thursday buyers ought to commend Washington's coverage response to the financial shock from the coronavirus pandemic. 

"Buyers can take coronary heart that we have counteracted this existential shock with the best fiscal, financial bazooka. It isn't even a bazooka. It is extra like a nuclear bomb," Jones stated on CNBC's "Squawk Field."

Jones stated the actions from the Federal Reserve and Congress have introduced "security" to the financial system, whilst COVID-19 spreads throughout the U.S. and disrupts day by day life. 

"We did in two weeks what it took the Fed eight months to do in 2009," the billionaire investor stated. "Bear in mind, we did not even get quantitative easing till properly after the nice monetary disaster had began, properly into the recession." 

And on the fiscal aspect, the $2 trillion financial reduction bundle authorised Wednesday night time by the Senate is round 10% of U.S. GDP, Jones famous. That makes it "double what we...