Markets

Billionaire Bill Ackman says market turbulence stems from election and virus uncertainty, stretched tech valuations but isn’t ‘the beginning of the end’

Billionaire investor Bill Ackman told Bloomberg that Thursday’s market turbulence isn’t a surprise, but also isn’t “the beginning of the end.” The Nasdaq dipped over 5% in intraday trading on Thursday, while the S&P 500 fell roughly 4%. Ackman said this market turbulence is due to uncertainty surrounding the election […]
Billionaire Bill Ackman says market turbulence stems from election and virus uncertainty, stretched tech valuations but isn’t ‘the beginning of the end’
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