U.S. Stocks Labeled 'Cheap' Amid Ongoing Iran Conflict, Says Bill Ackman

Amid the conflict involving Iran, Bill Ackman asserts that U.S. stocks are now 'extremely cheap.' This statement comes as U.S. stock indices show fluctuations due to geopolitical tensions. Ackman's commentary may influence investor sentiment and market dynamics given his standing in the hedge fund sector. However, specific data points regarding stock valuations or market indices were not provided in the article.