Finance
Jon Gray Warns of Tariff ‘Domino Effect’ If Volatility Persists
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Blackstone Inc. President Jon Gray said protracted uncertainty over global tariffs risks fueling market disorder, warning that President Donald Trump’s trade moves could ripple through the financial system.
“The longer you have periods of heightened volatility,” the higher the chance that “something goes awry and that has some sort of domino effect,” Gray said at an event Thursday hosted by the Steers Center for Global Real Estate at Georgetown University.