Overview
- Ken Griffin cautioned that recent tariff policies are damaging the United States’ reputation as a global financial safe haven.
- Speaking at the Semafor World Economy Summit, Griffin emphasized that the unique trust in U.S. Treasuries is at risk due to policy volatility.
- He urged President Trump, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick to adopt more thoughtful approaches to safeguard the nation’s economic standing.
- Griffin highlighted that the rapid market contraction and bond sell-offs are deterring investors and undermining efforts to onshore manufacturing.
- The billionaire advised investors to focus on maintaining stability in a challenging market environment, describing current trade policies as “nonsensical.”