Donald Trump has unified the world’s biggest investors with his plan to slash red tape and taxes, setting the US economy up for what Oaktree Capital’s Howard Marks described as a decade of peerless returns.
“Warren Buffett said it: don’t bet against the United States. He’s probably right about that,” the Wall Street veteran told the Sohn Hearts & Minds investment conference in Adelaide on Friday.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
