Is this ‘the beginning of the end?’ Billionaire Bill Ackman shares his thoughts on the big market retreat
September 03, 2020 at 16:26 PM EDT
Billionaire hedge-fund giant Bill Ackman was asked on Thursday whether the nasty market rout that dragged the tech-heavy Nasdaq Composite down 5% is about to usher in a dark stretch for stocks. His answer was no. But also, maybe.