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Bill Ackman Bullish on the Economy and Housing

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Pershing Square CEO, Bill Ackman, appeared on CNBC this morning discussing his investments and the housing market.

Some of the the highlights of the interview:

-Ackman Said Home Buying is Still Crimped by Fear of Job Situation

-Ackman Thinks Situation in Greece is Priced into World Markets

-Ackman Said Effective Cost of Owning a Home is at its Lowest Ever; Wouldn't Be Surprised if Housing Turns

-Ackman Said There Is a Decent Chance Economy will Massively Outperform Expectations

-Ackman Said Ron Johnson Has Already Done a Great Deal in Short Time at JC Penney (NYSE: JCP)

Posted-In: CNBC Long Ideas Hedge Funds Movers & Shakers Economics Media Trading Ideas General

 

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