Pershing Square CEO Bill Ackman said the Ukraine-Russia and U.S.-Iran wars, along with elevated inflation and interest rates, are holding back an otherwise “booming market environment.” He argued that once the war overhang ends, and with signs of progress on Russia-Ukraine, energy prices could fall sharply, which would help inflation and markets. Speaking to CNBC’s “Money Movers” on Thursday, he said, “We’re going to have an amazing 2027.”
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Bill Ackmaninflationinterest ratesgeopoliticsSPY
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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