Bill Ackman Says We’re In A “Classic Bubble” That’s “Fueled By The Fed”
Well known hedge fund manager Bill Ackman is the latest to join the chorus of high profile Wall Street veterans to issue warnings about the state of the market.
Following cautious comments last week from Goldman Sachs’ David Solomon, Ackman said this week that the market is in a “classic bubble” that has been created by the Fed’s easy money policies.