Jon Gray, the President of Blackstone Inc. (BX), advised investors to exercise patience and not make hasty decisions in response to the tariff issues involving President Trump. Gray emphasized the importance of observing how negotiations unfold before making investment choices. Amid concerns over the economic impact of a potential trade war, Gray highlighted the need to take a step back and consider the possibility of governments making concessions. While market volatility continues due to Trump's tariff policies, Gray suggested a more cautious approach to investment decisions. He expressed optimism about the overall market outlook, stating that the current pricing environment is reasonable.