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Ackman says 2027 will be strong for stocks if wars and inflation ease
Pershing Square CEO Bill Ackman told CNBC on Thursday that he expects a strong 2027 for stocks if the Ukraine-Russia and U.S.-Iran conflicts ease and inflation cools.
- New headline Was: “Bill Ackman says 2027 will be an amazing year for stocks as wars, inflation ease”
- Our desk filed its story
Pershing Square CEO Bill Ackman told CNBC on Thursday, Oct. 22, 2026, that two geopolitical conflicts, elevated inflation, and high interest rates are holding back what he called an otherwise booming market environment1.
Ackman, speaking on CNBC's Money Movers, said that once the war overhang eases, including what he described as a potential move in the right direction on Russia-Ukraine, energy prices could fall, which he argued would help inflation and markets1. He said, "We're going to have an amazing 2027"1.
CNBC reported that higher crude prices have pressured stocks all year as traders worry energy costs will keep inflation high and force the Federal Reserve to keep rates elevated1. The network said U.S. oil was up 72% in 2026 and Brent crude 83%1.
Gasoline prices accounted for half of the increase in the latest consumer price index, CNBC said, and consumer prices rose 3.7% year over year in September1.
Ackman also discussed Netflix after the streaming company's earnings1. CNBC said the stock fell more than 5% Wednesday on advertising and revenue guidance, then rose more than 3% Thursday1.
Ackman said concerns about Netflix's content library were overblown given its management and user engagement1. He said the stock was trading at 18 times earnings, which he called "one of the lowest valuations in history," and he expected mid- to high-teens earnings growth1. He said, "Netflix is a high growth utility"1.
Ackman's comments on the U.S.-Iran conflict and Middle East peace were his personal assessment on CNBC, not an official government statement1. Independent confirmation of his 2027 market call is not possible; it is a forecast, not a reported event1.
