We’re Not Facing Another Financial Crisis

According to big-deal hedge-funder John Paulson, the U.S. it not facing another financial crisis, the market selloff has been overblown, and picking up shares right now could present a favorable value opportunity.

“There is a disconnect between the performance in stock market and the performance in many companies. Particularly (those) we’ve invested in our portfolio—the companies are actually doing very well, and yet stock prices are declining, so that’s kind of an imbalance and eventually, that will sort itself out.”

“[U.S.] banks are extraordinarily well capitalized. They have much lower leverage and a lot of liquidity and a much higher quality credit portfolio.”