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Thomas Peterffy, founder and CEO of Interactive Brokers ($IBKR), has expressed concerns regarding current stock market conditions, suggesting that equity prices may be overextended. In a recent Bloomberg interview, Peterffy indicated a hope that any decline in prices would not occur too rapidly, allowing for an orderly liquidation process. This warning was echoed in a now-deleted post by Peterffy on social media. The situation has drawn attention, with some commentators suggesting that former President Donald Trump may have influenced market sentiment by cautioning against potential dips in stock prices. The discourse around these developments highlights the ongoing volatility in the financial markets.
Interactive Brokers' $IBKR CEO is warning you what's about to happen. https://t.co/IsdXHzZ5kE https://t.co/JtGnVEG78B
$IBKR CEO Thomas Peterffy deleted this X post, but said something similar in a recent Bloomberg interview. "...I think that equity prices are somewhat overextended. And I hope that as they come down, that they will not come down too fast, so we can liquidate as it happens… https://t.co/T1fPHTJjty https://t.co/QmQvYQFCIJ
Trump knows the inverse Cramer, he may have just prevented a stock market sell off: “I don't want to get into a situation where they do and we have a dip or something because that can always happen. You know that better than anybody in the world." 🤣 https://t.co/HmNSEkXziy