Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
In a recent public statement, Citadel CEO Ken Griffin clarified his stance on the 2024 U.S. presidential election, revealing that he will not be supporting former President Donald Trump. Griffin, a prominent Republican billionaire, made this announcement during an event in New York on Thursday, adding weight to the ongoing political discourse.
"I have not supported Donald Trump," Griffin stated when asked about his political leanings for the upcoming election. His remark has drawn significant attention from both political and financial circles, as many had anticipated his backing of a key Republican figure.
Griffin Expresses Political Uncertainty
Griffin, a highly influential figure in both business and politics, admitted to feeling conflicted about his choice for the next president. "I'm so torn on this one," he said, expressing uncertainty about the available candidates. While he confirmed that he knows who he will vote for, Griffin indicated that it is not a choice made with enthusiasm. "I know who I'm going to vote for, but it's not with a smile on my face," he added, reflecting his dissatisfaction with the current political landscape.
As CEO of Citadel, one of the largest hedge funds globally, Griffin's political opinions carry significant influence, particularly in the financial sector. His reluctance to back Trump this time signals a notable shift in the political alignment of some influential Republican donors and business leaders.
Shifting Political Allegiances
Griffin's announcement adds to a growing trend of conservative business leaders reconsidering their political endorsements ahead of the 2024 U.S. presidential election. The race is expected to be one of the most closely contested in recent history, with many key players in the business community carefully weighing their options.
Conclusion
Although Ken Griffin has not disclosed who he will ultimately support, his decision to distance himself from Donald Trump reflects a changing dynamic among Republican donors. As the election draws nearer, Griffin’s position may influence other conservative voters who share his concerns about the candidates.
