Wall Street Oracle Bill Ackman Admits He Misjudged Trump: ‘My Bad’

Wall Street Oracle Bill Ackman Admits He Misjudged Trump: ‘My Bad’

Billionaire hedge fund manager Bill Ackman urged Donald Trump to call a temporary time out on his reciprocal tariffs over the weekend, while also acknowledging that he may have misjudged the president as he “assumed economic rationality would be paramount.”

The Pershing Square Capital Management CEO posted a lengthy message to social media on Sunday, where he admitted the tariffs make America look bad and even warned of a possible “economic nuclear winter.”

“The country…

Article Source
https://www.thewrap.com/bill-ackman-trump-tariffs-response/

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