Omega Advisors Says Bull Market Will Not “End Soon,” Five Signs Of Market Drop Not In Place

With discussion of market crashes seemingly abundant over the past year – and much focus uniquely centering on algorithmic factors – Omega Advisors has a logical message of hope. No, the world isn’t perfect, they note in their July 22 letter to investors reviewed by ValueWalk. But looking at markets from a fundamental standpoint, the analysis of Leon Cooperman and Steven Einhorn didn't see any of the five bear market checklist points present in today’s market environment. “If the U.S. equity bull market is to end soon, it will be among the oddest and strangest endings to a U.S. bull market in the post-war period,” the pair wrote in a letter first reported by Rachael Levy of Business Insider.