How's this for a heavyweight showdown? No less than hedge fund honcho Paul Tudor Jones--who's been on a good roll as of late--is betting that Goldman Sachs and Morgan Stanley were wrong when they suggested that an economic recovery maybe starting, reports Bloomberg.

Three macro funds controlled by Jones, which wield a combined $15 billion in assets, are making economically bearish bets. Jones told clients, in a recent letter, that the rally was merely a "bear-market rally," Bloomberg says. We'll see how this turns out. It may end up being a wash, as the economy middles along without conviction one way or the other.

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