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Bill Ackman says the omicron Covid variant could end up being bullish for markets
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Investor Bill Ackman said the new omicron variant of the Covid-19 virus could actually give U.S. stocks a boost if symptoms turn out to be less severe.
«While it is too early to have definitive data, early reported data suggest that the Omicron virus causes 'mild to moderate' symptoms (less severity) and is more transmissible,» Ackman said in a tweet Sunday evening. «If this turns out to be true, this is bullish not bearish for markets.»
The founder and CEO of Pershing Square Capital Management
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