The article says:
Ken Griffin says Trump’s tariff strategy is eroding America’s global standing and investor trust in U.S. financial stability.
We already knew this was going to happen. On June 26, 2024 Reuters released an article with the headline “16 Nobel Prize-winning economists say Trump policies will fuel inflation”. Trump campaigned on tariffs.
In my view this really undermines the creditably of Ken Griffin because an investor should be able to accurately asses information and determine its credibility to make proper investing decisions. Someone who falls for Fox “News” drivel wouldn’t be a good investor. This is why Warren Buffet is outperforming other investors now, he properly prepared himself for Trump’s tariffs.
Source for donation amount: https://www.opensecrets.org/elections-overview/biggest-donors
Can you imagine your entire job being forecasting what other people’s intentions are and making decisions based on it, and being so shit at it that you decide to prop up a guy that’s openly saying he’s going to obliterate the international economic system that makes your job easy?
I cannot, in fact, imagine this. Not in any way close to what the reality apparently is, anyway.