Despite a recent rebound in the U.S. stock market due to the U.S.-China tariff truce, Wall Street leaders are emphasizing the importance of holding cash in preparation for ongoing market volatility. Citadel founder Ken Griffin and BlackRock CEO Larry Fink have both expressed concerns about the impact of rapidly changing government policies on investment values. They also noted a shift in investor preferences towards other economic zones, such as Europe, the Middle East, India, and Japan.
Original Article: Read More
Auto-posted at: 2025-05-13 21:00:45