In the latest Conjecture debate, our panelists from Legg Mason, Threadneedle and Standard & Poor's discussed US Large Cap companies.
Legg Mason veteran Bill Miller, the renowned manager who beat the S&P 500 for 15 consecutive years, believes US equity markets could climb by as much as 20% over the next year.
Goldman Sachs could repay a $5bn preferred stock investment from Warren Buffett's Berkshire Hathaway, which helped the bank negotiate through the 2008 financial crisis.
Bank shares in the US dived overnight after a group of investors united to try force Bank of America to repurchase soured mortgages packaged into $47bn of bonds.
River & Mercantile's Alex O'Reilly has his highest weighting to the US relative to history as a result of low valuations in the country.
Threadneedle's Cormac Weldon has reduced his fund's allocation to banks after being hit by consolidation among cyclical stocks earlier this year.