In brief

Bill Ackman says there is no bubble in US stocks, but warns of casino-like trading

He says borrowed money, zero-day options, and perpetual futures are driving volatility

Pershing Square says quality stocks are undervalued amid strong interest in AIโ€ฆ and continues buying

Read Lockridge Okothโ€™s original article at kr.beincrypto.com: Bill Ackman denies US stock market bubbleโ€ฆ volatility driven by leveraged bets