Billionaire Bill Ackman says market turbulence stems from election and virus uncertainty, stretched tech valuations but isn't 'the beginning of the end'
A commercial real estate-investing expert explains why the future of offices isn't as bleak as you think — and shares 3 property stocks set for gains no matter the path the COVID-19 recovery
Ackman said that the divisive presidential election and what it means for the country, corporate America, and taxation, paired with the ongoing coronavirus pandemic, are creating uncertainty within markets. He added that "valuations particularly in the technology landscape have gotten to some pretty extraordinary levels."
He said markets have been "remarkably strong" since the third week in March, so Thursday's moves downward are not surprising. Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.Sign up now for Insider Today for regular insights and analysis from Henry Blodget & David Plotz.
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