Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
WOMENS Nike WOMENS Roshe Run Sneakers Modern 26823 Modern and stylish fashion 6734c85
WOMENS Nike Tan Slice Sneakers At an affordable priceMISS Nike White/Purple Jordan 2 Sneakers Elegant and solemn , LADY Air Jordan 11 Retro Sneakers Nice and charmingwoman Prada Black Leather Low-top Sneakers Win highly appreciated , lady Nike Gray/Flannel Id Sneakers High quality and economyMISS Jimmy Choo Sneakers Every article described is available , lady adidas White Nmd_r1 Pk Sneakers in short supplywomen Joie Black Judson Sgs-1403 Sneakers a great varietyWomen's Prada Orange Womens Sneakers Sneakers Good worldwide reputation , woman Marni Black Velcro Sneakers Sneakers Various current designsLadies Dior Blac Christian Sport Sneakers Louis, in detailWOMENS Miu Miu White Sneaker Sneakers Not so expensivewoman Valentino Blue Rockstud Sneakers Sneakers The newest style , women Dior Brown Christian Sneakers Different styles and styles , WOMEN Prada Dark Gray Sneakers Elegant and stable packaginglady Prada Gray Nylon Sneakers Sneakers Win highly appreciatedlady Givenchy Floral Sneaker Sneakers First in his class , lady Burberry Plaid Nova Check Sneakers Crazy Price, BirminghamLADY adidas Black Tubular Viral Sneakers in short supply , WOMENS Burberry Black Patent Sneaker Sneakers Exquisite (medium) workmanshipwoman Dior Brown Sneakers Ideal gift for all occasionsWOMENS Isabel Marant White Sneakers Easy to clean surface , women Prada Black Nappa Sport Sneakers Popular tide shoes , WOMENS Vince Blac Canyon Sneakers Guarantee quality and quantityLADY adidas White/Black/Gold 'superstar' Sneaker Sneakers Very good colorLadies Dior Pink/White Sneakers Td0903 Sneakers Big clearance saleWomen's Tory Burch Navy 22158118 Sneakers Nice and charminglady adidas Camo Superstar Sneakers Sneakers High quality products , womens Tory Burch Black Sneakers At an affordable price

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 Ballet Flats - Women Armani Jeans Ballet Flats online on YOOX United Kingdom - 11159449WA , Valentino Garavani Ballet Flats - Women Valentino Garavani Ballet Flats online on YOOX United Kingdom - 11517882SSWOMENS Christian Siriano Black Wedges Cheapest , The North Face M Tb Traction Mule - Slippers - Men The North Face Slippers online on YOOX United Kingdom - 11338895SLPalomitas By Paloma Barceló Sandals - Women Palomitas By Paloma Barceló Sandals online on YOOX United Kingdom - 11360998DHMISS Vince Camuto Silver Sandals Stylish and funnyXTI 33972-xti FASHION ANKLE BOOTS FOR WOMEN , woman Christian Louboutin Cheetah Print Wedges Negotiate , WOMEN Charles David Tan Wedges Good design , UMA PARKER Classic ankle boots Colour: black/silver , Men/Women Dirty Laundry Fabina Boots Non-slipEb255 dual fabric leather brogues , golden pink, Cafenoirman/woman Nine West Uptown Girl Boots Direct businessmen/women To Boot New York March Boots luxurious , Lumberjack Sneakers - Men Lumberjack Sneakers online on YOOX United Kingdom - 11474434DISantoni Loafers - Men Santoni Loafers online on YOOX United Kingdom - 11488414QM , Premiata Boots - Men Premiata Boots online on YOOX United Kingdom - 11529090NAmen/women Tommy Hilfiger Lou Sneakers & Athletic Tommy Hilfiger Export , Umit Benan Sneakers - Men Umit Benan Sneakers online on YOOX United Kingdom - 11454856TA , Schutz Sandals - Women Schutz Sandals online on YOOX United Kingdom - 11561055HQ , Chiara Ferragni Sneakers - Women Chiara Ferragni Sneakers online on YOOX United Kingdom - 11552192HOChiara Ferragni Loafers - Women Chiara Ferragni Loafers online on YOOX United Kingdom - 11554300MSNorah Ankle Boot - Women Norah Ankle Boots online on YOOX United Kingdom - 11499901HKSeboy's Ankle Boot - Women Seboy's Ankle Boots online on YOOX United Kingdom - 11295724DECrime London Sneakers - Women Crime London Sneakers online on YOOX United Kingdom - 11140474LLUsed in durability Keen Austin Casual Slip-OnModerate price Sperry Captain's CVO , Christian Louboutin Multi-color Suede & Leather & Canvas Sneakersx (149467) Sneakers , Ladies Taos Footwear Tan Tennis Sneakers Elegant and robust menuJimmy Choo Black & White Chiara Sandals ,

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

WOMENS Nike WOMENS Roshe Run Sneakers Modern 26823 Modern and stylish fashion 6734c85 -

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

WOMENS Nike WOMENS Roshe Run Sneakers Modern 26823 Modern and stylish fashion 6734c85