DealBook Summit Ken Griffin Says 'America Is Open For Business Again'
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Dec 5, 2024 
Ken Griffin, founder and CEO of Citadel, dives deep into America’s economic future and political landscape. He shares insights on why he supported Trump and discusses the implications of his tariff plan. The conversation highlights the impact of political dynamics on financial markets and the role of communication in shaping America's global standing. Griffin also addresses the complexities of entitlement spending and the rise of billionaires in the context of crony capitalism, pointing to a crucial need for fiscal responsibility in uncertain times.
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America Open for Business
- The biggest issue in the US is that it's open for business again after the Biden administration.
- Regulatory and litigation-induced paralysis is over, allowing businesses to focus on growth.
Tariffs and Negotiating Style
- While tariff uncertainty erodes capital formation, it's a secondary concern.
- Trump's real estate background influences his negotiating style, leading to bold positions and threats like tariffs.
Global Leadership
- Despite potential antagonism through actions like tariff threats, the world still looks to America for leadership.
- Demands like the hostage release from Hamas demonstrate this global influence.