Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Valentino Black brisbanech-20174 Silver Rockstud 20158 Sneakers Sneakers Sneakers bac98b1
Stella McCartney Navy Sneak-elyse Platform SneakersAsh Gold As-funky Wedged Sneakers SneakersHermès Dark Blue High Tops SneakersPrada Silver Metallic Platform Oxfords Sneakers , Ash Taupe Bisou Ter Roccia Sneakers , adidas Cream Stan Smith Trainers Sneakers , Balenciaga Noir Pink Triple S SneakersPrada White Brown Red New Sneakers , Balenciaga Triple S Leather Sneakers SneakersGiuseppe Zanotti Black Gold New Sneakers , Giuseppe Zanotti Light Grey New SneakersStella McCartney Burgundy Platform Sneakers SneakersTory Burch Navy Blue Sneaker Sneakers , Giuseppe Zanotti Black Silver New Sneakers , Prada Navy Slip On Sneaker Sneakers , Giuseppe Zanotti Blue White New Sneakers , Valentino Pink Garavani Leather Italy Sneakers , Vince Beige Afton Leather Sneaker SneakersAsh Taupe Beatnik Wedge Sneakers Sneakers , Giuseppe Zanotti Black White 1234 Sneakers , Prada White Red Brown New Sneakers , Giuseppe Zanotti Red Silver New Sneakers , Isabel Marant Cream Wedge Sneaker Sneakers , Jeffrey Campbell Silver Wifi Sneaker Sneakersadidas White/Silver New Superstar Fashion Sneakersadidas Tubular Shadow Leather Sneakers SneakersPrada Black Leather Slip On Sneakers , Prada Fuchsia Patent Leather Sneakers Sneakers , Tod's Suede Slip On Sneakers 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.

Cross Walk Ankle Boot - Women Cross Walk Ankle Boots online on YOOX United Kingdom - 11517668KPVic Matiē Ankle Boot - Women Vic Matiē Ankle Boots online on YOOX United Kingdom - 11313281OR , lady Jil Sander Wedges Exquisite workmanship , woman Christian Louboutin Shameless Platforms diversityRejois By Gianni Renzi Ankle Boot - Women Rejois By Gianni Renzi Ankle Boots online on YOOX United Kingdom - 11484121EMRag & Bone Sneakers - Women Rag & Bone Sneakers online on YOOX United Kingdom - 44940538NEWOMEN Sand Classic Style In Sandals Make full use of materialsWOMEN Nike Zoom Elite 8 Sneakers Nice and charming , LADY LifeStride Black Chipper Duncan) Sandals Rich on-time delivery , PILAR MONET F21145 FASHION SANDALS FOR WOMEN , CORINA C6812 Camel FASHION FOOTWEAR FOR WOMEN , woman Adrianna Papell Nude Avril Sandals Fashion , Sparkly espadrilles , gold-coloured, La Redoute Collections , Calvin Klein MAVEN 2 - Moccasinsmen/women Comfortiva Renee Flats British temperamentman/woman L.K. Bennett Raisa Heels wholesale , Base London HAVOC - Classic ankle boots - tan , J.CREW PLATFORM CRISS CROSS HEELS - Platform sandals Colour: cashew , man/woman Clarks Curington Top Boots Full range of specifications , men's/women's Frye Brielle Zip Peep Bootie Heels comfortable , Jimmy Choo Sneakers - Men Jimmy Choo Sneakers online on YOOX United Kingdom - 11517033UAMot-Clè Court - Women Mot-Clè Courts online on YOOX United Kingdom - 11260219RS , Giorgio Brato Boots - Women Giorgio Brato Boots online on YOOX United Kingdom - 11458487SKMarc Ellis Court - Women Marc Ellis Courts online on YOOX United Kingdom - 11180755WN , Sergio Rossi Sandals - Women Sergio Rossi Sandals online on YOOX United Kingdom - 11485445KECesare P. Sneakers - Women Cesare P. Sneakers online on YOOX United Kingdom - 11240538MB , Ruco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11334595PUbzXjUXE7 ECCO Turn GTX Chelsea Boot , Mephisto Hirena Refine your spring-look with the effortlessly chic Hirena sandal by Mephisto! , women Jean-Paul Gaultier Metallic Platforms Exquisite (medium) workmanship

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

Valentino Black brisbanech-20174 Silver Rockstud 20158 Sneakers Sneakers Sneakers bac98b1 -

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

Valentino Black brisbanech-20174 Silver Rockstud 20158 Sneakers Sneakers Sneakers bac98b1