Bill Ackman Ties 2027 Stock Outlook to Easing Iran, Russia-Ukraine Conflicts

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Pershing Square CEO Bill Ackman said stocks could have a strong year in 2027 if conflicts involving Iran and Russia-Ukraine ease, potentially lowering energy costs and inflation pressure. “We’re going to have an amazing 2027,” Ackman said in a televised interview Oct. 22. He described wars, inflation and interest rates as factors restraining a market he otherwise viewed as strong. Ackman pointed to the possibility of a more favorable turn in Russia-Ukraine but did not say a peace agreement had been reached. He made his stock outlook conditional on conflicts easing; his remarks did not establish that energy prices or inflation would decline. The Consumer Price Index (CPI) was 3.7% higher over the 12 months ending in September.
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