Loeb Upbeat on US Markets, Hintze Talks China at Sohn Australia

Third Point LLC’s Dan Loeb said he remains confident on the outlook for US markets and isn’t worried about the Federal Reserve’s rate path, he told attendees at the annual Sohn Australia conference in Sydney on Friday.

“I’m generally optimistic. It doesn’t mean that we won’t have some ugly days and weeks along the way,” Loeb said, according to the Australian Financial Review. “That’s what makes a market, but I’m pretty constructive.”

Read more: Fed Doubts Grow Over December Rate Cut With Kashkari on Fence

Meanwhile, Deltroit Asset Management Chairman Michael Hintzesaid the period between 2027 and 2028 could ...