Bill Ackman gave his insight on the American presidential elections, scheduled for November 5, undoubtedly the largest macroeconomic event of the year.
“I believe that @realDonaldTrump will win in a decisive victory and potentially a landslide Electoral College outcome tomorrow,” said Bill Ackman.
“Stocks Will Rise 120% In 40 Days,” he said.
American investors overwhelmingly believe Trump will be the next president
“I believe that @realDonaldTrump will win in a decisive victory and potentially a landslide Electoral College outcome tomorrow”
BILL ACKMAN
But markets are heavily skewed towards the Republicans.
“In football betting, you can get a huge home bias when the line doesn’t reflect reality,” noted Paul Tudor Jones.
In the most polarizing election in generations, half the country will be unhappy about the election outcome, and nobody knows whether there will be a peaceful transition or civil unrest.
“We must avoid a world where our fellow citizens who are disappointed raise hell or otherwise revolt about the outcome,” he wrote in an X post.
The 2021 January 6 Washington insurrection remains fresh in people’s minds.
“Peaceful transfer of power is a critical feature of our democracy that needs to be maintained for us to succeed.
The system is stronger than any one candidate.
We will thrive long-term no matter the outcome of this election because the system will heal itself,” he wrote.
“Let’s therefore be civil, and accept the collective will of our democratic process. We have many enemies that want internecine battles in America to weaken us. We cannot let this happen. The world is a dangerous place, and we need to be unified, to protect our country and our children,” he wrote.
“We must avoid a world where our fellow citizens who are disappointed raise hell or otherwise revolt about the outcome”
BILL ACKMAN
Bill Ackman gave his insight in a recent business interview, believing the world has become a dangerous place since the Biden administration
“I think it is due to the perception and reality of weakness in the executive branch,” he said.
He cites the invasion of Georgia, the taking of Crimea, and Syria and the recent withdrawal of Afghanistan.
“I look at foreign policy decisions like allowing Iran to sell oil again, they rebuild a balance sheet which enabled them to fund Houthis Hezbollah and our lack of response to US forces and US assets attacked by the Houthis.
Houthis were on the terror list, they were taken off by the Biden administration so we could provide support to the Yemeni people, and when they attacked US assets we did nothing,” he said.
“It is a bit like a broken window in a city, where terrorists test you out, and if you do not respond aggressively, the only thing they respect is power. The result is Putin rolled into Ukraine and a major hot war in Europe. I thought I would never see this in my lifetime, a major war in the Middle East, and it has become a lot less safe to be an American now,” he added.
“They opened the border, and millions of unvetted people came into the country” – Bill Ackman
Bill Ackman gave his insight into 94 executive orders reversed in the first few days of the Biden administration
“They opened the border, and millions of unvetted people came into the country. I am for immigration. My family immigrated here 1890s, but they were vetted. The open border policy has been a massive problem,” he said.
Bill Ackman gave his insight into Biden’s administration’s understanding of the economy, which he believes is nil
He believes Biden followed Fiscal stimulus as part of getting elected and powered through it, and the impact was very negative.
He noted that lower-income people were worse impacted by these policies due to inflation.
So if Americans vote with their pockets, then perhaps Trump could see a landslide.
“These things are driven, by a lack of understanding of economic policy,” he said.
But what is interesting is that none of these Wall Street titans talks on stage about the worst 2023 treasury bond market crash in history, which bankrupted at least five known banks that year.
That unfettered fiscal spending, which sent the public deficit to 35 soon 36 trillion US dollars aided and abetted by an equally reckless bedfellow, monetary easing policy M2 currency creation to the moon, has resulted in a paradigm shift.
Is there a pension fund manager who sleeps comfortably allocating his portfolio according to the 60/40 rule?
Post 2023, bond market crash bonds will not cut it for conservative investors, pensioners and orphans who need passive income to survive.
“The world was a safer place because dictators feared Trump” – Bill Ackman
Bond yields are a value trap when a currency is debased into oblivion. Is anyone in the room surprised that Gold keeps making new highs?
Who would have thought five years ago that Black Rock’s Bitcoin holding would reach 25 billion dollars today?
When, US treasuries, perceived as a safe haven asset, are no longer a pillar of support for the Western capital system and the USD is no longer perceived as a store of value, it is a paradigm shift.
The fallout; junk debts, worthless currency and a scant industrial base with too few skilled workers due to decades of outsourcing industry.
Bill Ackman gave his insight of a world with Trump on the global stage
“The world was a safer place because dictators feared Trump.
Deterrence comes from the perception of power,” he said.
So, if the global stage is full of autocratic alpha strong men with big egos and nobody willing to compromise, that could also lead to a cockfighting global nuclear war.
Fear will not work in a world of M.A.D, so it is better for global stability when Superpowers navigate turbulent relations through diplomacy and skilful negotiations.
Bill Ackman gave his insight of Trump, which is unashamedly supportive of, particularly regarding the economy
“We have no bets on the portfolio on who will be the president.
We don’t short stocks, and we own great American businesses.
Trump is the only candidate who talks about accelerating the growth of the country. The only way we big ourselves out of 36 trillion dollars of liability is through growth,” he said.
