Bill Ackman, CEO of Pershing Square Capital Management LP, predicts a "terrific 2027" for stocks, citing geopolitical conflicts and elevated inflation as factors holding the market back. He believes that once the war in Ukraine is concluded, energy prices will drop, leading to a reduction in inflation and a "very good" market for stocks.
Key points
He cites geopolitical conflicts and elevated inflation as factors holding the market back.: He cites geopolitical conflicts and elevated inflation as factors holding the market back.
He expects a "very good" market for stocks once the war in Ukraine is concluded.: He expects a "very good" market for stocks once the war in Ukraine is concluded.
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Bill Ackman, chief executive officer of Pershing Square Capital Management LP, during a Bloomberg Television interview in New York, US, on Wednesday, Sept. 30, 2026.
Michael Nagle | Bloomberg | Getty Images
Pershing Square CEO Bill Ackman said two geopolitical conflicts — the Ukraine-Russia and U.S.-Iran wars — along with elevated inflation and interest rates are holding back an otherwise "booming market environment."
"Once the overhang of the war is done — and it sounds like we're also potentially heading in the right direction with Russia-Ukraine — energy prices could come way down, and obviously that would be very good for inflation and markets," Ackman told CNBC's "Money Movers" on Thursday. "We're going to have an amazing 2027."
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