Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Nike Black/ Black/ brisbanech-26990 Anthracite 26982 Air Vapormax Flyknit Moc Sneakers b078abc
Converse Floral Chuck Taylor All Star Shoreline SneakersNike Womens Free 5.0 Limited Color New SneakersNike White/Bright Crimson Air Force High-top Sneakers Sneakers , Nike Womens Free 5.0 Silver Metallic New SneakersNike Womens Air Max Limited Edition New Sneakers , Nike Wolf Grey & White Juvenate Sneakers SneakersNike Grey Vintage Blazer Mid High Top Sneakers , Air Jordan Carolina Blue & White 12 Sneakers , Air Jordan Black Grey Burgendy Retro 7 SneakersGolden Goose Deluxe Brand Taupe Super Star SneakersAir Jordan White/University Blue/Midnight Navy Retro 11 SneakersTory Burch Pink Micah Woven Elastic Sneaker Sneakers3.1 Phillip Lim Black Morgan Loafer Sneaker SneakersTory Burch Silver Marion Quilted Sneakers Gunmetal Sneakers , Ash Dark Green Buckle High Top Sneaker SneakersRag & Bone Red Sneaker Baylor Espadrilles Sneakers , Jeffrey Campbell Black Plata Hi Top Sneakers SneakersSalvatore Ferragamo Black Patent & Suede Sneakers Sneakers , Tory Burch Black Bryant Quilted Leather Sneaker SneakersTory Burch Multicolor Oliver Mixed Media Sneaker SneakersMiu Miu White Metal Cap Toe Sneaker Sneakersadidas White Stan Smith Bold Platform Sneaker Sneakersadidas By Stella McCartney Turbo Women's Cicinnurus Sneakersadidas Gold Out Everywhere Jeremy Scott Edition SneakersCole Haan Beige/Brown/Tan New Python Snakeskin Sneakers SneakersVince White Austin Leather Sneakers Euro 46 Sneakers , adidas Utility Black/Pale Nude Stan Smith Women SneakersJeffrey Campbell Gold Get Into Motion Sneaker Sneakersadidas By Stella McCartney Gold Ultra Boost Sneakers

my peace fm ghana news

Billionaire Leon Cooperman advised investors on Wednesday to stay away from bonds as they are in a bubble.

“My world is cash and stocks. I think bonds are the bubble, not stocks,” Cooperman told CNBC’s “Halftime Report.” He also noted investors should buy stocks they see as “fundamentally cheap” after a recent decline in equities.

Cooperman’s comments come after the benchmark 10-year note yield rose to 3.261 percent last week, its highest level since 2011. The sharp rise in rates spooked investors across the globe, with world equities falling sharply last week.

The Federal Reserve dropped its overnight interest rates to zero in the aftermath of the financial crisis as it tried to jumpstart the U.S. economy. This pushed yields down to historical lows, thus sending bond prices higher and to levels that some investors like Cooperman say reached bubble proportions. Now the Fed is reversing these policies by rising interest rates and trimming its balance sheet. The central bank has already hiked rates three times this year and is forecast to raise them once more before year-end.

Investors were worried that a rise in rates would lead to higher borrowing costs and thus slow down the global economy.

Cooperman, the CEO of Omega Advisors, said the market can handle higher interest rates, however, as there are no signs of a recession looming.

“The economy, if anything, is too strong,” Cooperman said. “The economy is on fire … The conditions that normally lead to a big decline just aren’t present.”

Cooperman’s comments come as U.S. stocks try to recover from a 4.1 percent decline last week amid worries about higher rates, tech valuations and fears of a global economic slowdown.

Chiarini Bologna Sneakers - Women Chiarini Bologna Sneakers online on YOOX United Kingdom - 11533409TR , La Sellerie Loafers - Women La Sellerie Loafers online on YOOX United Kingdom - 11536470TK , REFRESH 63835 C Marron FASHION FOOTWEAR FOR WOMENLADY Air Jordan Burgundy Sneakers Sneakers Fashion pattern , Women's ALDO Brown Sandals High quality and economy , Esprit Nude Natural Laser Cut-out Wedge SandalsVienne heels with strap , silver-coloured, Dkode , man/woman Hispanitas Londyn Oxfords Sales Italy , Kenneth Cole New York Wallice Firework , man/woman Gabor Ankle boots Colour: anthrazit Elegant shape , PUMA Puma x Fenty by Rihanna Chelsea Sneaker BootAlaïa Sandals - Women Alaïa Sandals online on YOOX United Kingdom - 11434839IQ , Pollini Sneakers - Men Pollini Sneakers online on YOOX United Kingdom - 11563443SKGeox Sneakers - Men Geox Sneakers online on YOOX United Kingdom - 11253209XTDiemme Sneakers - Men Diemme Sneakers online on YOOX United Kingdom - 11223862HR , Base London | Base London Wide Fit Turner brogues in high shine blackman/woman Nike Superfly 6 Academy MG Sneakers & Athletic Nike cheaper , man/woman Frye Greg Leather Penny Loafers At a lower pricePremiata Sneakers - Women Premiata Sneakers online on YOOX United Kingdom - 11486327PS , Strategia Sandals - Women Strategia Sandals online on YOOX United Kingdom - 44957628VQCasadei Boots - Women Casadei Boots online on YOOX United Kingdom - 11321182TVDiesel Sneakers - Women Diesel Sneakers online on YOOX United Kingdom - 11476606EPWindsor Smith Sandals - Women Windsor Smith Sandals online on YOOX United Kingdom - 11359862SE , Le Silla Sandals - Women Le Silla Sandals online on YOOX United Kingdom - 11279001TDHighly praised and appreciated by the consumer audience Volcom Slacker 2 SlipperLong-term reputation Converse Jack Purcell LeatherOvgXRNS9 woman Berra Platforms Long-term reputationStuart Weitzman Black Leather Grecian Tall Gladiator Knee High Sandals , ladies Manolo Blahnik Raspberry Susa Sandals Different styles and styles , WOMEN Prada Dark Chocolate Sandals Platforms special discount price ,

But Cooperman thinks stocks will bounce back from this decline as they are fairly valued. He also noted the market can handle higher interest rates.

“My central view is the market will be higher than it is today at year-end,” he said. “We’re in a zone of fair value and it’s going to take a recession or a change in the Fed’s posture” to get us out of that.

Source link

Nike Black/ Black/ brisbanech-26990 Anthracite 26982 Air Vapormax Flyknit Moc Sneakers b078abc -

LEAVE A REPLY Cancel reply
Please enter your comment!
Please enter your name here

Nike Black/ Black/ brisbanech-26990 Anthracite 26982 Air Vapormax Flyknit Moc Sneakers b078abc