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Donald Trump 'Reduced Himself To A Paper Tiger,' Says Peter Schiff After Comparing Tariff Rollout And Pause To The 'Hindenburg Of Trial Balloons'
Thursday, April 10, 2025 - 8:38am | 703Renowned economist Peter Schiff has delivered a scathing assessment of President Donald Trump‘s recent tariff policy, comparing the rollout and the subsequent pause to the catastrophic failure of the 1937 Hindenburg airship disaster. What Happened: In a post on X post, Schiff argued that...
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Bill Ackman Feels The Sting: Pershing Square Portfolio Down 14% Year-To-Date Amid Tariff Volatility
Thursday, April 10, 2025 - 6:43am | 571Hedge fund titan Bill Ackman’s Pershing Square Holdings, a closed-end fund listed on the London Stock Exchange, is down 14% year-to-date, owing to tariff-related market volatility. The losses, however, have only been calculated through April 8th, and don’t include the massive rally on...
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Mark Cuban, Ray Dalio, Bill Ackman And Other Notables Share Their Take On Trump Tariff Pause: 'We Have Not Escaped…'
Thursday, April 10, 2025 - 12:32am | 720President Donald Trump's surprise 90-day pause on his aggressive tariff plan, announced Wednesday via social media, sparked immediate reactions from major business and economic figures. Here’s what they said. Bill Ackman Billionaire hedge fund manager Bill Ackman, in a post on X, wrote, "This...
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Billionaire Investor Bill Ackman Praises Trump's Tariff Pause: 'Thank You On Behalf Of All Americans'
Wednesday, April 9, 2025 - 4:42pm | 588Billionaire investor Bill Ackman and CEO of Pershing Square Capital Management on Wednesday praised President Donald Trump's decision to place a 90-day pause on tariffs for countries that have not retaliated against U.S. trade measures. The president also hiked tariffs on China to 125%, effective...
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Billionaire Banker Backs Trump's 'Shock And Awe' Tariff Policies, Slams Bill Ackman's Call For 90-Day Pause
Tuesday, April 8, 2025 - 6:42am | 525Andrew Beal, the billionaire founder and owner of Beal Financial Corporation, has publicly supported President Donald Trump‘s contentious tariff policies, despite the resulting upheaval in the financial markets. What Happened: Beal, in an exclusive interview with MarketWatch on Monday,...
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Bill Ackman Slams Commerce Secretary Howard Lutnick For Ignoring Stock Market Crash: 'He And Cantor Are Long Bonds'
Monday, April 7, 2025 - 6:26am | 790Billionaire Investor Bill Ackman has criticized Commerce Secretary Howard Lutnick of having a conflict of interest and being “indifferent” toward the stock market selloff induced by the introduction of tariffs because of the latter’s fund, Cantor Fitzgerald LP’s exposure to...
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Bill Ackman Blames Market Collapse On Tariff Timing, Says Trump Advisor 'Should Be Fired Now:' Predicts 'A Lot More Than 5%' Dip
Monday, April 7, 2025 - 5:26am | 610Billionaire investor Bill Ackman and CEO of Pershing Square Capital Management, warned Sunday that President Donald Trump‘s sweeping tariff policies are damaging market confidence during a historic global selloff. What Happened: “To state the obvious, it does not help our country’...
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Jim Cramer Sees Same Pattern As 1987 'Black Monday' Crash, Wonders What Happens On Monday
Sunday, April 6, 2025 - 10:09pm | 782CNBC host Jim Cramer made a series of posts on X over the weekend warning of another ‘Black Monday’ when the markets reopen on April 7th, in response to the tariffs imposed by the Trump administration. What Happened: The former hedge fund manager drew parallels between the current...
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Bill Ackman Warns Against Launching 'Economic Nuclear War,' Wants A 90-Day Time Out On Trump Tariffs
Sunday, April 6, 2025 - 8:32pm | 749Bill Ackman, a prominent investor, expressed concerns over the U.S. tariff policies in a social media post on Sunday. Ackman highlighted the potential economic repercussions of escalating tariffs under President Donald Trump. What Happened: He said on X that while the nation supports the...
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Ross Gerber And Gary Kasparov Slam Bill Ackman's Defense Of Trump's Trade War Tactics: 'This Is Garbage Policy'
Friday, April 4, 2025 - 6:36am | 596Ross Gerber, the president and CEO of Gerber Kawasaki Wealth & Investment Management and chess champion, Gary Kasparov, have publicly criticized Bill Ackman for his defense of President Donald Trump‘s trade war strategies. What Happened: On Thursday, Gerber responded to a post on X by...
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Bill Ackman: 'Just Pick Up The Phone'—Says Trump Will Reward Early Dealmakers, Punish Foreign Tariff Retaliation
Thursday, April 3, 2025 - 11:13pm | 636As global markets shed $2 trillion in value following President Donald Trump‘s sweeping reciprocal tariffs, billionaire investor Bill Ackman offered pointed advice to foreign leaders. What Happened: “My advice to foreign leaders is that if you have not already reached out to President...
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Ray Dalio Warns Of 'Abrupt, Unconventional Changes' In Markets: Here's How The 'Tariff Machine' Affects Currency, Monetary And Fiscal Policies
Thursday, April 3, 2025 - 6:26am | 907Billionaire investor and the founder of Bridgewater Associates, Ray Dalio, has issued a warning about the economic ripples of escalating tariffs. In a recent analysis, Dalio dissects the “tariff machine,” revealing its impact on global markets and highlighting the potential for “...
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Fannie Mae, Freddie Mac In Upheaval As Trump Administration Considers Privatizing Mortgage Giants
Friday, March 21, 2025 - 9:59am | 497President Donald Trump's newly appointed director of the Federal Housing Finance Agency Bill Pulte on Thursday fired the CEO of mortgage giant Freddie Mac (OTC:FMCC) and placed two senior FHFA officials on administrative leave. The Details: Pulte fired Freddie Mac CEO Diana Reid and placed...
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Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
Friday, March 14, 2025 - 10:20am | 692Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's (OTC:PSHZF) stake in Universal Music Group (OTC:UNVGY) (OTC:UMGNF) Thursday, continuing his recent financial moves betting on future investments. What Happened: Ackman, who recently showed he trimmed his stake in Chipotle...
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Bill Ackman Clashes With David Sacks Over Ukraine Strategy, Asks If US Should Let Russia 'Take The Rest Of Eastern Europe'
Sunday, March 9, 2025 - 9:58pm | 761On Sunday, Bill Ackman responded to a post by David Sacks regarding the U.S. involvement in Ukraine. Ackman questioned the implications of allowing Russia to control Ukraine, emphasizing the strategic importance of Ukraine’s resources. What Happened: Ackman posed a rhetorical question, asking...