Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is...
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling with a level of inflation we haven’t seen in a long time.” Citadel’s Ken Griffin on U.S. Economy, Inflation, Recession, and Cryptocurrency Kenneth Griffin, founder and CEO of global investment firm Citadel, shared his views on a variety of topics, including the U.S. economy and cryptocurrency, at the CNBC Delivering Alpha conference....
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Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop rapidly.”
Elon Musk Explains Why He Thinks Inflation Has Peaked and Recession Will Last 18 Months
Tesla and Spacex CEO Elon Musk shared his view on the U.S. economy, inflation, and recession during Tesla’s 2022 annual meeting of stockholders Thursday.
Replying to a....
Citadel CEO Ken Griffin, a bitcoin skeptic, admits he has not been right on his crypto call. He now says: “It’s fair to assume that over the months to come, you will see us engage in making markets in cryptocurrencies.”
Citadel Getting Into Crypto
The CEO and founder of financial services firm Citadel, billionaire Ken Griffin, talked about cryptocurrency and his company’s decision to enter the space in an interview with David Rubenstein on Bloomberg Thursday.
The billionaire executive has long been a bitcoin skeptic. He previously....
“I have to live with the reality that an asset’s worth what people perceive it to be worth,” Ken Griffin stated. Billionaire Citadel Securities founder Ken Griffin has compared cryptocurrency to abstract art, opining that the value of both is derived from the eye of the beholder. Griffin — who Forbes estimates to be worth around $26 billion — has made numerous anti-crypto comments and urged others away from it in the past, but appears to have gradually softened his stance over time. He also said that Citadel will make a play once it can do so in a compliant manner. Speaking on the value of....
Company founder Ken Griffin has backtracked on his anti-crypto stance and wants his firm to offer digital assets to its clients this year. American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year.Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken Griffin commented on the current state of markets in light of recent geopolitical conflicts stating that they are at a “very volatile inflection point.”When the interview turned to digital assets, Griffin who has previously warned the younger generation away....
The company confirmed its bet on the crypto space with its latest investment partners. Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel Securities’ shift toward new asset classes such as crypto.Sequoia, who led the round, with investment from Sequoia Heritage, Sequoia Capital Global Equities and the Global Growth Fund, will also get a seat on the Citadel Securities Board of Directors for Sequoia....