Bill Ackman, one of President Donald Trump’s staunchest defenders among major hedge-fund managers, published a post on X on Sunday urging a “90-day timeout” on some of the tariffs announced by the White House last week.
Otherwise, the U.S. was headed for a “self-induced, economic nuclear winter, and we should start hunkering down.”
Ackman’s comments came as U.S. stock futures opened sharply lower on Sunday evening, pointing to a third straight session of stock-market carnage on Monday.
“I can’t believe the fucking idiot we helped put in charge is an actual fucking idiot surrounded by other fucking idiots. Wait, what does that say about me? Erm… probably nothing.”