Superstars of Investing Stand Firm: The U.S. Economy Holds the Greatest Opportunity Despite Tariff Woes
A glittering investor conference recently saw an avalanche of optimism for the U.S. despite tariff-induced market turmoil. Setting the tone in the luxurious Cipriani ballroom in downtown Manhattan, heavyweights of investing staked their faith in the future of the U.S. economy. Investors such as Citadel’s Ken Griffin, BlackRock’s Larry Fink and SoftBank Investment Adviser’s Alex Clavel revisited their conviction that the greatest chances for fruitful investments lie in the United States.
Citadel front-runner Ken Griffin criticized the tariff policy of President Donald Trump while crediting its associated costs to the American economy, and more specifically, the American consumer. Despite recent uncertainties injected by policy decisions, Griffin, a voter for Trump in the 2024 election, remained hopeful for a resurgence of American economic vitality and growth.
The faith on the dollar’s sanctity as the reserve currency and treasuries as safest global asset delivers immense value to the economy, opined Griffin. Consequently, he found it baffling that these statements were even under debate. His message was clear: he firmly backed the U.S. economy’s long-term growth and urged for a steer back to pro-business objectives, especially concerning tax deregulation and deficit redressal.
Some speakers blamed the media for inciting investor anxiety about the future growth in the U.S., a sentiment echoed by Mary Callahan Erdoes, CEO of JP Morgan’s asset and wealth management division. Further, leaders of SoftBank’s Vision Funds and Singaporean sovereign wealth fund GIC underlined the U.S. as their largest country exposure.
Backing their confidence in the U.S. market, Larry Fink of BlackRock emphasized the massive potential to ‘build America’ through private capital investment, steering clear of federal spending reliance. As erudite as they come, these investing mavens conveyed that while short-term turbulence may shake the investment landscape, the United States, with its financial conditions and potential for long-term growth, is still the land of opportunity.
- •Investors, don’t leave America! pitchbook.com06-06-2025