Bill Ackman, chief executive officer of Pershing Square Capital Management LP, during a Bloomberg Television interview in New York, US, on Wednesday, Sept. 30, 2026.
Michael Nagle | Bloomberg | Getty Images
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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