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Bill Ackman Says US Stocks Are Not in a Bubble, Blames Leveraged Trading for Volatility

(2 hours ago) · 1 source · Summarized by CryptoBipto

Billionaire investor Bill Ackman has stated that the US stock market is not experiencing a bubble. He attributes recent sharp market swings to leveraged trading positions rather than fundamental overvaluation.

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Even though this story is about the traditional stock market, it touches on concepts that are very relevant to crypto.

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SOURCES

  • beincrypto.com

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