"Citadel's Ken Griffin admits doubts about stock market, economy: ‘I’m a bit anxious’"

What's he have to worry about? Most of the markets they work on a prop basis are two-sided, pick a side.

Unless he's concerned about the two variables of the trade-matching business: volume and spread. They really emphasize that in junior market-maker class, volume and spread, volume and spread.

From Reuters via the New York Post, September 14:

Billionaire investor Ken Griffin, founder of hedge fund Citadel, said on Thursday that he has some doubts about the continuity of the markets rally and is concerned about the US fiscal situation.

“I’m a bit anxious that this rally can continue,” he said in an interview on CNBC. “I like to believe that this rally has legs. I’m a bit anxious. We’re sort of in the seventh or eighth inning of this rally, but part of it has been the soft landing story.”

The S&P 500 stock index is up 16.8% this year, in a rally mainly driven by optimism around artificial intelligence.

Griffin said the Federal Reserve is likely close to the end of the interest rate hiking cycle in its battle to tame inflation. “There’s a small chance of one more increase later this year,” he said.

Still, he said it is unclear when Fed chair Jerome Powell will be able to cut rates because of some ongoing stimulus measures....

....MUCH MORE