31-07-2016 14:15 via feedproxy.google.com

Leon Cooperman published an epic 48-page note to investors explaining why everything is fine

Leon Cooperman's Omega Advisors released a 48-page investment outlook last week.
And for all the fiddling over post-Brexit markets and the risks of a Chinese currency devaluation, Omega doesn't think there's much to worry about, according to the note, which was co-written by Omega's vice chairman, Steve Einhorn.
The bulk of Omega's assets are invested in US equities. As of year-end 2015, the New York hedge fund managed about $6.7 billion, a decrease of about a quarter from the year before, accor
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