Bill Ackman told Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev on Monday that he plans to deploy billions into large-cap stocks within weeks, calling current valuations on some of the best businesses in the world among the lowest in their history.
The comments came as Pershing Square kicked off the roadshow for Pershing Square USA, a closed-end fund targeting $5 billion to $10 billion at $50 per share with pricing expected April 28.
Ackman said the Iran conflict has created an incremental risk premium across equities but argued that uncertainty should fade over time.
He pointed to AI infrastructure spending, the Biden-era infrastructure bill, Trump’s tax legislation and what he described as trillions in corporate investment commitments as tailwinds heading into the back half of 2026.
Polymarket traders appear to agree.
The Iran-Israel/U.S. conflict ending by year-end is priced at 94%, with $38 million in total volume on that contract alone, even as the ceasefire remains fragile …
This post was originally published here
