Pershing Square CEO Bill Ackman said two geopolitical conflicts — the Ukraine-Russia and U.S.-Iran wars — along with elevated inflation and interest rates are holding back an otherwise "booming market environment." "Once the overhang of the war is done — and it sounds like we're also potentially heading in the right direction with Russia-Ukraine — energy prices could come way down, and obviously that would be very good for inflation and markets," Ackman told CNBC's " Money Movers " on Thursday. "We're going to have an amazing 2027."
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