Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Puma Black Casual Men's Emboss Basket Classic Patent Emboss Sneakers Casual Sneakers 05f3195
Air Jordan White Flight Flex Trainer 2 Basketball SneakersNew Balance Nude Tan 574 Fresh Foam Trainer SneakersNike 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 SneakersNike Black/Fuchsia Glow/Vivid Purple/Hyper Orange Flex Furry Running SneakersAsics Grey New Gel-nimbus 16 Running Womens White/Turquoise Sneakers , Saucony 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 Sneakers , Vans Blanc De Blanc Sk8 - High Top Sneakers , Liebeskind Powder (Pink / Camel) Sneaker "Double" In Sneakers , Nike Pink Milkshake Fur Slides Fur Slides Women's SneakersNike Mens Air Jordan 1 Retro Leroy Smith SneakersNike Black Air Max Thea Ultra Se Sneakers SneakersNike Blue & Red Air Max 95 Bb2 Sneakers , Vans Metallic Bronze 'sk8-hi Slim' Gold Leather Sneakers Sneakers , FENTY PUMA by Rihanna Black Thetrainer Hi Women's SneakersNike Anthracite/Light Magenta/Black) - Revolution 2 (Anthracite/Light Magenta/Black) SneakersNike Black and Green Kobe Elite Ix High SneakersNike Women`s Flex Trainer 5 Style 724858 017 SneakersNike Grey Air Max 90 Ultra Essential Platinum Sneakers , Air Jordan Pink and White and Silver 12s SneakersPuma Pink & Lime Punch Voltaic 4 Mt SneakersPuma Red-black Xt S Speckle Womens Sneakers No.2133 Sneakers , Air Jordan Black Men 6 Retro and White SneakersPuma Navy Blue Big Kid Sneakers Worn Once SneakersNike Black/Mica Blue/White Air Zoom Strong - Women's 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.

Kbr Shoes Ankle Boot - Women Kbr Shoes Ankle Boots online on YOOX United Kingdom - 11519493TK , Chiara Ferragni Ankle Boot - Women Chiara Ferragni Ankle Boots online on YOOX United Kingdom - 11551851UKGianvito Rossi Ankle Boot - Women Gianvito Rossi Ankle Boots online on YOOX United Kingdom - 11492634GGSee By Chloé Boots - Women See By Chloé Boots online on YOOX United Kingdom - 11546027PNConverse All Star Sneakers - Men Converse All Star Sneakers online on YOOX United Kingdom - 11524941XL , Cavallini Ankle Boot - Women Cavallini Ankle Boots online on YOOX United Kingdom - 11455071WRSKECHERS 14615 BOTíN PLANO DE MUJERWOMEN Melissa Black Sandals New productwomen Givenchy Camel Sharklock Sandals Excellent , Mega NRGY Heather Knit Men’s Running Shoes | Ribbon Red-Puma Black , CALIFERS Cu?as Mujer Piel Ja2122i22-roble Naranja WEDGE-HEEL SANDALS FOR WOMEN , mens/womens Calvin Klein Pemba Heels product qualitySKECHERS Relaxed Fit?: Creston - Hemet , Men/Women JETTE ELENI - Mules Fair priceAdidas Veja V-10 - Trainers - snow natural/black , Men/Women LAUREN Ralph Lauren Makalia Boots Excellent value , EA7 Emporio Armani SEA WORLD CORE - T-bar sandals , Dior Homme Loafers - Men Dior Homme Loafers online on YOOX United Kingdom - 11462574IE , Men/Women G by GUESS Byrone2 Sneakers & Athletic G by GUESS Great choiceSchutz Sandals - Women Schutz Sandals online on YOOX United Kingdom - 11527568WN , Novelty Loafers - Women Novelty Loafers online on YOOX United Kingdom - 11357478HN , Henderson Loafers - Women Henderson Loafers online on YOOX United Kingdom - 11452381DA , Pedro García Court - Women Pedro García Courts online on YOOX United Kingdom - 11528401RJ , Formentini Ankle Boot - Women Formentini Ankle Boots online on YOOX United Kingdom - 11479115DA , Fratelli Rossetti Brown Slingback Pumps SandalsWOMENS ALDO Pink Platforms Most practicalBritish temperament Levi's Shoes Carlsbad DenimPrada Blue White Navy Canvas Baltico Platform 38/ Sneakers SneakersLADY Céline Pink and White Sandals Elegant and robust menuWomen's Loeffler Randall Gold Leather Sandals Optimal 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

Puma Black Casual Men's Emboss Basket Classic Patent Emboss Sneakers Casual Sneakers 05f3195 -

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

Puma Black Casual Men's Emboss Basket Classic Patent Emboss Sneakers Casual Sneakers 05f3195