Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Women's Dolce&Gabbana White W White/Silver Dolce&Gabbana Accent 26976 Sneakers Excellent quality 3b8648c
LADY Y-3 Black Qasa Elle Sneakers Rich designMISS Prada Black High Top Sneakers Customer firstLADY Saint Laurent Camouflage Green Sneakers To adopt , WOMEN Prada Blue Men 2de0838 Sneakers special purchase , lady Frye Black Melanie Low Sneakers Call firstLADY Lanvin Black Sneaker Sneakers Attractive and durablewomens Prada White Sneaker Sneakers Easy to handleWomen's Common Projects Slip On Sneakers Many styleswoman Prada Pink/Grey American Cup Sneakers Charming design , ladies adidas Pink/Tan Camo Nmd-xr1 Sneakers Low pricewoman adidas Stellasport Ively Sneakers High quality productsWOMENS Burberry White Kids Sneakers Sneakers Fast deliveryLadies Versace White Men Sneakers Sneakers German Outlets , LADY Prada White Linea Rossa Sneakers Low costsWomen's Dior Black Sneakers The highest quality material , Ladies adidas Blush Pink Summer Sneakers Special function , LADY Tory Burch Camel Sneakers Sneakers settlement PriceMISS Dolce&Gabbana Ivory and Brown Sneakers Excellent performanceWomen's Tory Burch Holiday Flash Sneakers Selected materials , WOMENS Saint Laurent Black Sl01 Sneakers to buy , LADY Common Projects Pink Achilles Sneakers Different productswoman Rag & Bone Blac Sneakers environmentally friendly , lady Hermès Sneakers High quality and low effortwomen adidas White Snakeskin Embossed Sneakers Excellent craftladies adidas Tan Ultraboost Sneakers Complete specification areawomen Jimmy Choo Taupe Miami Sneakers Nice color , ladies Marc Jacobs White M9000046 Sneakers selling price , women Jimmy Choo Black Sneakers Sneakers Special PriceLadies Rag & Bone Black Sneakers For sale

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.

Kendall + Kylie Sandals - Women Kendall + Kylie Sandals online on YOOX United Kingdom - 11338018VNLe Pepite Ankle Boot - Women Le Pepite Ankle Boots online on YOOX United Kingdom - 11526836FX , Giuseppe Zanotti Ankle Boot - Women Giuseppe Zanotti Ankle Boots online on YOOX United Kingdom - 11378750JR , Isabel Marant Cream Sneakers In Sneakers , Cinzia Soft By Mauri Moda Loafers - Women Cinzia Soft By Mauri Moda Loafers online on YOOX United Kingdom - 11534893FRTwin-Set Simona Barbieri Ankle Boot - Women Twin-Set Simona Barbieri Ankle Boots online on YOOX United Kingdom - 11280618WNLadies Manolo Blahnik Tan Pumps Sandals Stylish and charmingXTI 47530 C Negro FASHION FOOTWEAR FOR WOMENCalvin Klein BERKE - High-top trainers Colour: black , PUMA The Trainer Hi by FentyJohnston & Murphy Howell Plain Toe , Men/Women Pedro Garcia Sila Heels Easy to clean surfaceAdidas Levi's? MALIBU - Trainers - regular greymen/women G by GUESS Dalina Heels Great variety , man/woman Miz Mooz Tennessee Loafers Tide shoes listNike Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11557847XQ , Men/Women Anne Klein Petra Loafers Known for its good quality , mens/womens Kenneth Cole Reaction Rowdy Boots Elegant and robust menuD.A.T.E. Sneakers - Women D.A.T.E. Sneakers online on YOOX United Kingdom - 11554494OJ , Jeffrey Campbell Loafers - Women Jeffrey Campbell Loafers online on YOOX United Kingdom - 11467143KR , Pollini Ankle Boot - Women Pollini Ankle Boots online on YOOX United Kingdom - 11447173AU , FBF9illK SKECHERS 12841 TRAINERS FOR WOMENP6IfFyvI APLAUSO 30255 SHOES FOR WOMENdiscount Frye Bianca Huarache Two-PieceOrders are welcome Dockers Moritz Wingtip Oxford , Supra Reason Escape the bounds of the everyday with the hyperfuturistic realness of the Supra Reason sneaker , Ladies Tory Burch Navy/Red 18148702 Sneakers Easy to clean surfaceWOMEN Christian Louboutin Black Maleva Platforms Perfect workmanshipValentino Grey Beige Patent Leather Rockstud Sandals , WOMENS Stuart Weitzman Nudistrong Formal Shoes Unique ,

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

Women's Dolce&Gabbana White W White/Silver Dolce&Gabbana Accent 26976 Sneakers Excellent quality 3b8648c -

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

Women's Dolce&Gabbana White W White/Silver Dolce&Gabbana Accent 26976 Sneakers Excellent quality 3b8648c