TechFlow, April 11 — According to Jinshi Data, David Einhorn, founder of hedge fund Greenlight Capital, said tariffs will force the Federal Reserve to act, as Trump's higher-than-expected global tariffs shocked investors and triggered a market sell-off. A veteran long/short equity manager who gained fame for shorting Lehman Brothers before the 2008 financial crisis, Einhorn stated that tariffs would "disproportionately" affect low-income groups and create inflationary pressures, leading to economic slowdown. He expects the Fed's rate cuts to exceed market expectations. On tariffs, Einhorn said: "They raise prices." "If you impose tariffs, perhaps suppliers have to pay part of it, maybe retailers have to pay part of it, but consumers also have to pay part of it."
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
