Citadel CEO Ken Griffin speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022.
"I'm a bit anxious that this rally can continue," he said in an interview on CNBC.
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 (.SPX) is up 16.8% this year, in a rally mainly driven by optimism around artificial intelligence.
Citadel, which invests $61 billion for clients, became the most successful hedge fund of all time last year when it earned $16 billion.
Persons:
Ken Griffin, Mike Blake, Griffin, Jerome Powell, Jahnavi Nidumolu, Carolina Mandl, Chizu
Organizations:
Citadel, Milken, Global Conference, REUTERS, CNBC, Federal Reserve, Thomson
Locations:
Beverly Hills , California, U.S, BANGALORE, Bangalore, Carolina, New York