Renowned hedge fund manager Peltz: Market rebound after the US election will not last.

In the US presidential election, hedge fund manager Peltz, who supports Trump, said that the stock market rally driven by the election cannot continue uninterrupted. He said, "Trees don't grow to the sky. It's absolutely impossible to continue without interruption, there will be some things that disrupt it." Peltz pointed out that a group of high-energy stocks are highly concentrated in the market. Peltz also said that Trump's threat to impose tariffs on EU goods is a negotiating strategy. Peltz said, "Tariff threats will make these guys behave," and added that Trump's style is to "walk to the negotiating table with a hammer and see what happens." Peltz is the founder of the hedge fund company Trian Fund Management. Peltz had regretted voting for Trump in 2021. But undoubtedly, Peltz's attitude has made a 180-degree turn this time. He even attributed to himself for bringing Trump and Musk together. Musk's strong financial support helped Trump win the election. "I am a matchmaker," Peltz recalled paving the way for Musk. On a weekend in 2023, when Musk visited Peltz's house as a guest, Peltz also invited Trump to breakfast. Peltz said, "Without Elon's help, I don't know if Donald would have won such a comprehensive victory." Musk's political action committee spent about $200 million to help Trump in the election.