Post #607 by FlyingCircus on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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Interesting recent writeups in the WSJ aligned with Jim's exiting the US market due to escalating risk of... well, crazy.

Bill Ackman, the billionaire hedge-fund manager behind Pershing Square, called for a 90-day pause in the tariffs to negotiate with other countries, warning that the alternative was “a self-induced, economic nuclear winter.”

“We are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” Ackman wrote in a social-media post on X.

Across Wall Street and in Washington a growing number, including those who support tariffs in theory, were saying that the current plan is misguided and will cause irreparable damage. Some big bank executives were feeling shut out and lectured at, some of them said.

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