Viewpoint: The U.S. Treasury Secretary's indifference to the stock market and economic collapse is due to his bullish stance on bonds

ChainCatcher message, Pershing Square Capital Management founder and CEO Bill Ackman posted on the X platform stating, "I just figured out why U.S. Treasury Secretary Howard Lutnick is indifferent to the stock market and economic collapse. He is long on bonds with Cantor. When our economy collapses, he profits. It’s a bad idea to have someone who holds a large amount of fixed income bonds as Secretary of Commerce. There is an irreconcilable conflict of interest."