Warren Buffett, thinks the U.S. will not go into a recession even if we temporarily go over the fiscal cliff. Warren Buffett says that the Republicans in Congress need to compromise. Buffett says that revenue needs to go up as a percentage of GDP and spending needs to go down over time.
The ExodusPoint Partners International Fund returned 0.36% for May, bringing its year-to-date return to 3.31% in a year that's been particularly challenging for most hedge funds, pushing many into the red. Macroeconomic factors continued to weigh on the market, resulting in significant intra-month volatility for May, although risk assets generally ended the month flat. Macro Read More