Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
La Sportiva BOULDER BOULDER X X Colour: - Climbing shoes Colour: grey/yellow b16ffe5
Kjus BLACKCOMB STRETCH JACKET - Snowboard boots Colour: blackWhite Mountaineering VIBRAM SOLE GEOMETRIC - Trainers Colour: blackKempa WING LITE CAUTION - Handball shoesInov-8 F-LITE 260 - Sports shoes Colour: grey/blackMassimo Dutti DOPPELTE SCHNALLE - Smart slip-ons Colour: blackDachstein JOHANN II - Hiking shoes Colour: dark brown/fire , Havaianas STAR WARS - Pool shoes Colour: white/blue starVaude ME TVL SKOJ - Cycling shoes Colour: anthracite , Salewa RAPACE GTX - Climbing shoes Colour: night black/kamilleColumbia BANGOR OMNI-HEAT - Walking boots Colour: tobacco/bright copperMammut MERCURY III MID GTX - Walking boots , DC Shoes CRISIS - High-top trainers From , adidas Golf ADICROSS CLASSIC - Golf shoes Colour: white/green , DC Shoes COURT GRAFFIK - Skate shoes Fromadidas Performance ATHLETICS 24/7 TR - Sports shoesWalk London DARCY MONK - Smart slip-ons Colour: brown , Converse ONE STAR - Trainers Colour: ponderosa pine/neptune green , La Sportiva TRANGO TRK GTX - Walking bootsConverse CHUCK 70 - High-top trainers Colour: true navy/black/egret , Crocs CROCBAND - Pool sliders Colour: new mint/tropical tealMercer Amsterdam WOOSTER EVO SPORTY - Trainers Colour: black , Under Armour CHARGED LEGEND TR - Sports shoesNew Balance HANZO - Competition running shoes Colour: black , Scarpa MOJITO CITY GTX - Hiking shoes Colour: charcoal , Puma Golf TEAM EUR - Golf shoes Colour: peacoatJoma DRIBLING TURF - Astro turf trainers Colour: blue , Steve Madden DRAVEN - Classic ankle boots Colour: taupe , Jo Ghost Classic ankle boots Colour: diver luisiana moscato , Havaianas MARVEL SPIDERMAN - Pool shoes Colour: beige/marine blue ,

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.

Armani Jeans Ankle Boot - Women Armani Jeans Ankle Boots online on YOOX United Kingdom - 11313256OLSam Edelman Flip Flops - Women Sam Edelman Flip Flops online on YOOX United Kingdom - 11340879GBEliana Bucci Ankle Boot - Women Eliana Bucci Ankle Boots online on YOOX United Kingdom - 11532298PG , Dolce & Gabbana Boots - Women Dolce & Gabbana Boots online on YOOX United Kingdom - 11529148IV , Stuart Weitzman Sandals - Women Stuart Weitzman Sandals online on YOOX United Kingdom - 11183584LFSOLE Active Medium + Met PadFLUCHOS 0187 SANDALIA PLANA DE MUJER , Women's Proenza Schouler Sandals Preferred materialPUMA x ROLAND RS-100 Sneakers | Black-Puma White- Orange | PUMA Lows | PUMA United StatesGolden Goose Deluxe Brand Ankle Boot - Women Golden Goose Deluxe Brand Ankle Boots online on YOOX United Kingdom - 11464199WMMARIA MARE 66816 C32740 Charol Nude FASHION FOOTWEAR FOR WOMEN , STONEFLY Francy 6 Bis ZAPATO CONFORT DE MUJER , Men/Women Think! Julia - 80331 Sandals fineman/woman Calvin Klein Kara Heels Order welcomeRAID MARINA - High heeled sandalsKenneth Cole New York Keep A Secret , Puma VIKKY RIBBON - TrainersLacoste | Lacoste Carnaby Heritage white sneakers with pink trim , Adidas Onitsuka Tiger MEXICO 66 - Trainers - white , Men/Women Athena Alexander Lucille Flats Easy to use , Kempa ATTACK CONTENDER CAUTION - Handball shoes - hope green/fluo yellowAdidas Shoe The Bear MARRY - Heeled mules - pale blush , La Sportiva TX3 WOMAN GTX - Climbing shoes Colour: grey/blue moonMarina Yachting Sneakers - Men Marina Yachting Sneakers online on YOOX United Kingdom - 11503393EN , Maison Margiela Sneakers - Men Maison Margiela Sneakers online on YOOX United Kingdom - 11496369AUN.Lombardo Sandals - Women N.Lombardo Sandals online on YOOX United Kingdom - 11498567MUAsh Ballet Flats - Women Ash Ballet Flats online on YOOX United Kingdom - 11512357RC , Contrary to the same paragraph Harley-Davidson Vista Ridge , woman Stella McCartney Leather Wedges New design , ladies Lilly Pulitzer Black Wedges Year-end sales

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

La Sportiva BOULDER BOULDER X X Colour: - Climbing shoes Colour: grey/yellow b16ffe5 -

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

La Sportiva BOULDER BOULDER X X Colour: - Climbing shoes Colour: grey/yellow b16ffe5