Ken Griffin says Trump's 'bombastic' trade rhetoric is a mistake that's eroding trust in the U.S.
Published On Feb 11, 2025, 1:01 PM
Ken Griffin, CEO of Citadel, criticized President Trump's aggressive trade policies, claiming they damage trust in the U.S. as a trading partner. He emphasized that Trump's high tariffs and combative rhetoric create uncertainties for multinational companies, making long-term investments difficult. Griffin noted that such an environment could lead to crony capitalism and make it hard for businesses to plan due to the unpredictability of trade terms.
Stock Forecasts
SPY
Negative
Given Griffin's concerns about Trump's trade policies and their potential negative impact on multinational companies, investors may want to be cautious about investing in sectors heavily reliant on trade and international supply chains. This leads to an expected decline in stock performance for affected companies.
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