Hedge fund billionaire Ken Griffin revealed he expects former President Donald Trump to recapture the White Home subsequent week on Election Day.
The Citadel CEO referred to as the race between Trump and Vice President Kamala Harris “almost a coin toss” throughout a panel on the Saudi Arabia Future Funding summit this week, in response to Bloomberg.
However he thinks Trump is favored to win.
“The expectation today is that Donald Trump will win the White House in just a few days, we’ll know shortly,” Griffin reportedly stated, noting. “We are at this moment of peak uncertainty.”
Whereas Griffin has funneled thousands and thousands to GOP candidates, he has not donated on to Trump’s marketing campaign, Forbes reported.
Citadel founder and CEO Ken Griffin speaks on the Milken Institute International Convention in Beverly Hills, California on Could 2, 2022. AFP through Getty Photographs
Polling signifies Trump and Harris are basically neck and neck with Election Day lower than per week away.
Griffin additionally reportedly stated through the discussion board the top of the presidential race will deliver some readability to markets.
Former President Donald Trump speaks throughout a marketing campaign rally at Rocky Mount Occasion Middle on Oct. 30, 2024. AP
Vice President Kamala Harris speaks throughout a marketing campaign occasion on The Ellipse in Washington DC on Oct. 29, 2024. AFP through Getty Photographs
“Big picture, the reduction in uncertainty is almost always positive for asset prices,” he stated.
“I would say that post-election will generally see a risk on environment as people come to adopt a new regime whether it’s a Harris regime or a Trump regime,” he continued. “This uncertainty will be behind us.”
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