© Reuters. FILE PHOTO: William & # 39; Bill & # 39; Ackman, CEO and portfolio manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City
BOSTON (Reuters) – Billionaire hedge fund investor William Ackman said Thursday he expects market gains next year but warned the months ahead could be "tragic" as more people die from the coronavirus.
Ackman told investors that he is "happy to be long" on stock exposure and "bullish" in 2021 during a period of low interest rates, expected incentives, and infrastructure spending.
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may suffer from using this data.
Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information such as data, offers, charts and buy / sell signals contained on this website. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.