Hedge Funds

Macro legends see U.S. investment paradox


Some of the best minds in the macro arena see a paradox when it comes to making bets in the U.S. markets these days. Over the long run, structural imbalances are likely to make U.S. equity markets less attractive to luring global capital. But in the short-term, the U.S. economy seems to be on better footing and momentum suggests ample investment opportunities on the immediate horizon.

That was the consensus view shared by Leon Cooperman of Omega Advisors, Mark Kingdon of Kingdon Capital and John Levin of John A. Levin & Co - all panelists in a session