According to BeInCrypto, Bill Ackman says he does not believe there is a U.S. stock market bubble. He attributes recent extreme price swings partly to the increased use of leveraged one-day bets by traders.
Ackman made these comments in reference to current market movements, noting that the presence of leveraged positions has contributed to unusually volatile one-day changes in prices across assets.
He did not suggest broader structural issues such as overvaluation are driving recent fluctuations. Instead, he focused on trading behavior linked to short-term leverage.
