Billionaire hedge fund guru Ken Griffin names who will win the presidential election

Billionaire hedge money head Ken Griffin has said that Donald Trump is apt to triumph adjacent week's election - but he said nan separator will beryllium razor-thin.

'The anticipation coming is that Donald Trump will triumph nan White House,' nan Citadel laminitis said connected Tuesday.

However, Griffin - whose $42 cardinal luck makes him nan 37th richest personification successful nan world - noted nan title is 'almost a coin flip.' 

A salient Republican donor, Griffin has contributed astir $100 cardinal to nan GOP during this predetermination cycle, Bloomberg reported.

Griffin is besides notorious among unit investors for his engagement successful nan 2021 GameStop banal frenzy, wherever he was accused of helping hedge costs who faced large losses if nan stock value went excessively high. 

While Griffin said he expects Trump to unafraid a 2nd word successful nan White House, he admitted that nan title is very tight.

'We are astatine that infinitesimal of highest uncertainty,' he said while speaking arsenic portion of a panel astatine Saudi Arabia's Future Investment Initiative summit.

'It is simply a title that Trump is favored to triumph but it is almost a coin toss.'

He added that nan clarity brought by an predetermination victory, for either candidate, will beryllium bully for markets. 

'This uncertainty will beryllium down us,' he added.

While Griffin has donated millions to Republicans, he has notably not donated straight to Trump's campaign.

The investor has particularly focused his donations connected candidates successful superior races, peculiarly unfastened primaries, according to Bloomberg. 

Griffin's comments travel aft legendary investor Stan Druckenmiller said nan banal market is 'convinced' that Trump will win nan election. 

'I would person to conjecture Trump is nan favourite to triumph nan election,' nan billionaire said successful an question and reply earlier this month. 

He said location are clues successful slope stocks and successful cryptocurrency that markets are pricing successful a Trump triumph - amid reports that awesome hedge costs are positioning themselves to profit if Trump wins a 2nd term.

Druckenmiller made nan comments during an question and reply connected October 16 pinch Sonali Basak.

She asked what nan 'Druckenmiller playbook' is astir this predetermination rhythm and what he thinks nan mostly apt script is for what will hap adjacent month. 

'It's an evolving situation, and if you had asked maine this 12 days ago, I would person said, "I don't person a clue, it's still a full toss-up, and I don't person immoderate condemnation who is going to triumph nan election,"' nan 71-year-old billionaire said.

But he said he likes to look to nan banal marketplace for indicators arsenic to nan early of nan system - and arsenic a hint during elections. 

'I retrieve really correct nan marketplace was connected Ronald Reagan successful 1980, contempt what nan pundits were saying,' he said.

'And I must opportunity successful nan past 12 days, nan marketplace and nan wrong of nan marketplace is very convinced Trump is going to win.

'You tin spot it successful nan slope stocks, you tin spot it successful crypto, you tin moreover spot it successful DJT, his societal media company.'

Druckenmiller, who has a nett worthy of astir $6.9 billion, made his sanction managing money for George Soros for much than a decade. He besides funded Nikki Haley's superior run against Trump. 

During nan interview, he added that he would not endorse either Trump aliases Vice President Kamala Harris successful this predetermination rhythm - and would apt not ballot for either. 

Meanwhile Jamie Dimon, CEO of JPMorgan Chase - nan largest slope successful nan US - has reportedly privately endorsed Harris, contempt keeping quiet publicly. 

The main executive has reportedly not made his stance known publically because he is acrophobic that Trump will retaliate against group and companies who opposed his tally if he is elected. 

It comes arsenic large money managers person sensed a displacement successful momentum distant from Harris, and are buying stocks that would use from a Republican victory, according to The Wall Street Journal.

For example, GEO Group, a private-prison operator, has jumped 21 percent this October, connected way for its champion period since 2022, while bitcoin miner Riot Platforms has surged 34 percent.

That is contempt nan polls still mostly indicating that nan candidates are cervix and neck. 

Trump has nan lead successful prediction markets, wherever group spot bets connected nan result of nan election, Fortune reported.  

Yet, polls for nan New York Times/Siena College and Reuters/Ipsos show Harris pinch a 1 percent constituent lead complete Trump arsenic of Wednesday.