New York (HedgeCo.Net) – The United States is expected to continue its economic expansion while the U.S. equities are in a bull market, Omega Advisors’ Vice Chairman Steven Einhorn predicts. Einhorn, who will give the keynote address at McGladrey’s 5th Annual Investment Industry Summit Wednesday, September 18th, will inspire delegates with his powerful predictions on the economic outlook for the US, along with the prospect for the nation’s capital markets in the coming year. His keynote presentation will follow an afternoon of concurrent workshop sessions.
What: McGladrey’s 5th Annual Investment Industry Summit
Where: Convene, Midtown West – 810 Seventh Avenue, New York
When: Wed., Sept. 18
“With respect to the US economy, I believe we are in the midst of what will prove to be a long-lasting economic expansion underpinned by a friendly central bank; an ongoing recovery in housing demand and home prices; and significant pent up demand across all cyclical sectors in the economy,” he said.
While Einhorn is constructive on U.S. equities, he does recognize the risks to stocks from political turmoil and threats of terrorism. In commenting on various world leaders, Einhorn argued Ronald Reagan was among the most influential, clearly understanding the importance of capitalism to grow the economy with the US having a strong presence in foreign policy.
McGladrey LLP is the leading U.S. provider of assurance, tax and consulting services focused on the middle market, with more than 6,700 people in 75 cities nationwide. McGladrey is a licensed CPA firm and serves clients around the world through RSM International, a global network of independent assurance, tax and consulting firms. McGladrey uses its deep understanding of the needs and aspirations of clients to help them succeed.
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