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Hedge fund manager Ackman expects even higher long term US rates

Hedge fund manager Ackman expects even higher long term US rates
Bill Ackman is the founder and CEO of Pershing Square Capital Management.He's posted a long tweet:Some points he makes:The world is a structurally different place than it was. The peace dividend is no more. The long-term deflationary effects of outsourcing production to China are no more. Workers and unions’ bargaining power continues to rise. Strikes abound, with more likely to come as successful walkouts achieve substantial wage gains. Energy prices are rising rapidly. Not refilling the SPR... Read More
Posted: Sep 22 2023, 03:21
Author Name: forexlive
Views: 091040

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