Business
Bill Ackman says ‘go long’: 2021 will be ‘very very good year’ – The Australian Financial Review
Bill Ackman told the Sohn Hearts and Minds event on Friday that the US is about to experience a grim winter in terms of the human toll of the coronavirus. But the…
The events of the past week have unleashed what could be the start of a spectacular rotation in markets. Since the Biden-Harris ticket limited Donald Trump to a one-term presidency, and Pfizer declared its COVID-19 vaccine candidate is more than 90 per cent effective, bonds have been punished and out-of-luck value stocks have surged on sudden optimism around global growth.
US President-elect Joe Biden might be able to help shift public vigilance around the virus, Mr Ackman agreed, although his COVID-19…
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