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trending_up market schedule Apr 15, 2026 visibility 34 link 7 artists

ken griffin global recession iran strait of hormuz 1234781281

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

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trending_up market schedule Apr 23, 2025 visibility 10 link 2 artists, 1 gallery

billionaire art collector ken griffin us eroding brand 1234739652

Billionaire art collector and Citadel CEO Ken Griffin stated that the United States is “eroding” its brand due to economic policy changes during President Donald Trump’s first 100 days. Speaking at Semafor’s World Economy Summit on April 23, Griffin warned that the reputation and creditworthiness of US Treasuries are at risk, citing recent tariff-driven sell-offs of government bonds. He expressed concern about policy volatility undermining the goal of reshoring manufacturing and noted that investors using the euro as a reference have lost 20% of their value in four weeks. Griffin also voiced support for DOGE, the Department of Government Efficiency led by Elon Musk, which has recommended cuts to the National Endowment for the Humanities.

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