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Financial Leaders Warn of Market Turmoil at Milken Conference

5/8/2025

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Story summary
  • Financial leaders convened at the Milken Institute Global Conference in Los Angeles.
  • Attendees voiced concerns about market volatility and escalating trade tensions.
  • Kamal Bhatia, CEO of Principal Asset Management, highlighted CEOs' widespread anxiety.
  • The conference occurred at the Beverly Hilton Hotel, attracting notable figures.
  • Concerns were fueled by ongoing federal government budget cuts.