Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Dolce&Gabbana Ivory and Ivory Multicolor 2016 Leather Low-top Dolce&Gabbana Sneaker 26885 Sneakers 188e057
Giuseppe Zanotti Red Gold New Men's 41 5 SneakersTory Burch Light Green Low Top Suede Sneakers Sneakers , Maison Margiela Multicolor Patchwork Limited Edition Replica Sneakers SneakersHogan White Leather Oxford Loafers Sneakers Flats Round SneakersIsabel Marant Black Marant-basket Burt Suede Sneaker Wedge SneakersNike Green and Yellow Women's The Roshe Ld-1000's Sneakers , Nike Grey Men's 'air Max 1 Essential' Sneaker SneakersKenneth Cole Sahara Kingviel Genuine Calf Hair Sneaker SneakersAir Jordan Black/White & Pink 8 Retro Low SneakersNike Black Women Air Force 1 07 Low SneakersNike Polarized Pink/Reflective Silver Women's Air Max+ 2013 SneakersPuma Black Men's Basket Classic Patent Emboss Casual Sneakers , Nike Black Free Trainer 1.0 Bionic - Men's SneakersAir Jordan White Flight Flex Trainer 2 Basketball SneakersNew Balance Nude Tan 574 Fresh Foam Trainer Sneakers , Nike White and Blue Jordan's Retro 10 Men's SneakersNike Purpleblack Air Max Tailwind Women's Running 805942 SneakersMilk/White/High Risk Red Ct 70 Cdg Play Ox Sneakers , Nike Navy Wild Trail Running Sneakers Blue Orange Sneakers , Nike Black/Fuchsia Glow/Vivid Purple/Hyper Orange Flex Furry Running SneakersAsics Grey New Gel-nimbus 16 Running Womens White/Turquoise SneakersSaucony Grey 6000 X Bodega Sweater Pack Mens SneakersVans Sk8-hi Slim Zip Cheetah Suede Hi-top Trainers SneakersNike Black Pink Fushia Free 4.0 Flyknit Running SneakersVans Blanc De Blanc Sk8 - High Top Sneakers , Liebeskind Powder (Pink / Camel) Sneaker "Double" In SneakersNike Pink Milkshake Fur Slides Fur Slides Women's Sneakers , Nike Mens Air Jordan 1 Retro Leroy Smith 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.

Annarita N. Ankle Boot - Women Annarita N. Ankle Boots online on YOOX United Kingdom - 11476103EXNero Giardini Open-Toe Mules - Women Nero Giardini Open-Toe Mules online on YOOX United Kingdom - 11503618DP , Emanuela Passeri Ankle Boot - Women Emanuela Passeri Ankle Boots online on YOOX United Kingdom - 11444435RAGrey Mer Ankle Boot - Women Grey Mer Ankle Boots online on YOOX United Kingdom - 11298321HT , APLAUSO 1102 PLATFORM SANDALS FOR WOMENHsLGekYz man/woman Earth Jericho Boots useMelissa VIVIENNE WESTWOOD LADY DRAGON black / Heart , lady Prada Black Buckle Thong Sandals New styleLadies Ash Multi Color As-up Sandals Many styles5.11 Tactical A.T.A.C. 8" Shield Side ZipLoeffler Randall Bright Blue Reina Scallop Sandals , ladies Missoni Pastel Strappy Wedges Special Price , men's/women's PLDM Snug VGT Heels Price reduction , Santoni Boots - Men Santoni Boots online on YOOX United Kingdom - 11554265CA , Men/Women Loeffler Randall Logan Sneakers & Athletic Loeffler Randall Louis, elaborateAdidas Bianco CLEATED CHELSEA - Platform boots - cognacNike SB TEAM CLASSIC - Trainers - red crush/blue voidCult Loafers - Women Cult Loafers online on YOOX United Kingdom - 11477012CR , Merygen Boots - Women Merygen Boots online on YOOX United Kingdom - 11536468PTWomsh Sneakers - Women Womsh Sneakers online on YOOX United Kingdom - 11508648FJVersace Jeans Sneakers - Women Versace Jeans Sneakers online on YOOX United Kingdom - 11202365DW , Stella Luna Court - Women Stella Luna Courts online on YOOX United Kingdom - 11539312MG , Donna Più Boots - Women Donna Più Boots online on YOOX United Kingdom - 11527145KS , Export Durango Crush Embossed Bootieonline sale Minnetonka Sheepskin Ankle Boot , Elegant and sturdy packaging Tabitha Simmons ReynerElegant appearance La Canadienne Myranda , lady Tory Burch Nude 78b15.54 Sandals Reliable performanceValentino Blue Star Print Sport Sandal Sneakers , LADY Eric Michael Silver Leather Sandals wear-resistant

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

Dolce&Gabbana Ivory and Ivory Multicolor 2016 Leather Low-top Dolce&Gabbana Sneaker 26885 Sneakers 188e057 -

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

Dolce&Gabbana Ivory and Ivory Multicolor 2016 Leather Low-top Dolce&Gabbana Sneaker 26885 Sneakers 188e057