Glenview’s Larry Robbins Bets On A 2015 Baby Boom

The year 2015 could see rising interest rates in a post-QE environment that will be overpowered by an expanding domestic economy, low absolute interest rates, strong corporate activity greet “modest and attractive equity valuations,” according to an investor letter from Larry Robbins of Glenview Capital Management. Many of his investments are based on demographic trends in new home ownership and couples getting busy and having children as well as keeping people healthy.

On a macro level, keeping the Fed at bay in 2015 could be oil and related commodity deflation, which could defer the timing of the first fed hike. While in this letter Larry Robbins didn’t detail a specific date for when the Fed might raise interest rates –...