Omega Advisor’s Steve Einhorn Is Bullish Until At Least 2020

When Omega Advisor’s Steve Einhorn looks at the market panoply, what he sees is historic. Forget the fact that this is already the longest bull market in history and central banks withdrawing market numbing quantitative stimulus could be the bear knocking at the door. This time it is different – and there are documented facts to support this assertion. From Einhorn’s perspective, this leads to a bold market thesis that the longest bull market in history “has quite a lot of time left” and that bearish interest rate projections from Goldman Sachs and other Fed hawks are going to be proven inaccurate. In an exclusive ValueWalk interview, Einhorn outlined a “Goldilocks” economic scenario that might extend until 2020 –...