Bill Ackman steps into global macro with his latest big idea - long Hong Kong dollars...

|By:, SA News Editor

Bill Ackman steps into global macro with his latest big idea - long Hong Kong dollars (HKD). Ackman thinks Hong Kong will nix the HKD's peg to the greenback by 2015 as 0% U.S. rates are fueling serial bubbles there. The trade, he believes, offers astronomic upside, with limited risk.