Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day
Corroborated by 4 sources from 4 publishers
TL;DR
Reports differ across sources; according to fortune.com, fannie Mae and Freddie Mac, the two government-sponsored businesses designed to prop up mortgages, ripped on Monday after billionaire investor Bill Ackman told investors in a late Sunday X post to stop worrying about the war in Iran and start buying.
Sources
1
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/billionaire-investor-bill-ackman-investing-145957300.html
2
Business Insider Markets News
https://markets.businessinsider.com/news/stocks/bill-ackman-stocks-discount-michael-burry-fannie-mae-freddie-mac-2026-3
3
CNBC Top News
https://www.cnbc.com/2026/03/30/bill-ackman-says-its-one-of-the-best-times-in-a-long-time-to-buy-quality-stocks.html
4
Fortune
https://fortune.com/2026/03/30/bill-ackman-says-ignore-iran-war-fannie-mae-freddie-mac-stock-surge