Citadel head Griffin on a new era of deglobalization, predicts decades of higher inflation ...Middle East

Ken Griffin, head of hedge-fund manager Citadel, said higher baseline inflation may go on for decades, citing structural changes that are pushing the world toward de-globalization.there are multiple trends "that are pushing us toward de-globalization" Griffin referred to an end to the "peace dividend""We are likely to see higher real rates and we're likely to see higher nominal rates."Griffin was speaking at a Bloomberg forum in Singapore on Thursday. More:higher inflation will increase the cost of funding the US deficit (higher interest rates are something the government hadn't planned on)US is "spending on the government level like a drunken sailor", current fiscal situation is unsustainab

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Citadel head Griffin on a new era of deglobalization, predicts decades of higher inflation ...Middle East

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