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September 01, 2020 1:28pm
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U.S. soft landing is ‘wishful thinking,’ says billionaire businessman Thomas Peterffy. ‘The market should be much lower.’

Thomas Peterffy, the billionaire founder and chairman of electronic brokerage giant Interactive Brokers Group Inc., thinks the rally in the U.S. stock market is overdone, and views hopes for a soft landing for the U.S. economy as simply "wishful thinking."
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