Ackman has been on fire with his views of steadily rising rates.
From last week:
From months ago:
Ackman is being interviewed on CNBC:
- Says shutdown will lead to data shutdown, it will be a dark period
- Inflation will be
persistently high - 30 year treasury can
reach 5% - Says he decided to
buy Alphabet because the company was cheap
- “I’m very bullish on Ukraine post-war”
- “Would not be
shocked to see 30-year rates though 5% barrier” - Says he could see
10-year yield approach 5% in short term - “Alphabet is our
second-largest investment”