BOSTON (Reuters) – Billionaire hedge fund investor William Ackman said on Thursday that he expects to see market gains next year but warned that the coming months could be “tragic” as more people are expected to die of the coronavirus.
Ackman told investors that he’s “happy to be long” on equity exposure and is “bullish” on 2021 at a time of low interest rates, more expected stimulus and infrastructure spending.
(Reporting by Svea Herbst-Bayliss)
