THE SHORT BEAR@TheShortBear
I am grateful to the CEOs, investors, and thought leaders who’ve spoken out against destructive tariffs. These individuals chose principle over politics, defending free markets, stability, and long-term prosperity.
I wanted to take some time to aknowledge them.
Jamie Dimon, CEO of JPMorgan Chase:
Warned that tariffs could fuel inflation, weaken global alliances, and damage America’s long-term economic credibility.
@jpmorgan
Larry Fink, CEO of BlackRock:
Called the tariffs “very inflationary,” adding that the U.S. may already be in a recession because of their impact.
@BlackRock
Ray Dalio, Founder of Bridgewater:
Framed the tariffs as part of a broader pattern of global instability, warning of systemic breakdowns worsened by protectionism.
@RayDalio
Ken Griffin, CEO of Citadel:
Labeled the tariffs a “huge policy mistake,” criticizing their scale and timing.
@Citadel
Stanley Druckenmiller, CEO of Duquesne:
Opposed tariffs exceeding 10%, citing their potential to trigger market volatility and economic damage.
@DuquesneFamily
Cliff Asness, Co-founder of AQR:
Raised concerns about the long-term macroeconomic risks of sweeping protectionist measures.
@CliffordAsness
Howard Marks, Co-founder of Oaktree:
Urged investor discipline during uncertainty, emphasizing that inaction can be the wisest move in volatile environments.
@HowardMarksBook
Bill Ackman, CEO of Pershing Square Capital:
Called for a 90-day pause on tariffs to avoid what he described as a “self-induced economic nuclear winter.”
@BillAckman
Daniel Loeb, CEO of Third Point LLC:
Criticized the tariff policy as destabilizing and dangerously overreaching.
@DanielSLoeb1
Ken Langone, Co-founder of Home Depot:
Blasted the tariffs as “bulls–t,” condemning their structure and long-term damage to the economy.
@HomeDepot
Charlie Scharf, CEO of Wells Fargo:
Warned that tariffs could slow the U.S. economy and said the bank is preparing for a more volatile future.
@WellsFargo
Robin Vince, CEO of BNY Mellon:
Highlighted the uncertainty tariffs introduce, urging market participants to brace for instability.
@BNYMellon
Ted Pick, CEO of Morgan Stanley:
Noted the unresolved direction of trade policy as a serious economic risk that could drag on growth.
@MorganStanley
Elon Musk, CEO of Tesla & SpaceX:
Publicly challenged the administration’s tariff approach and questioned its logic in heated exchanges with policymakers.
@elonmusk
