Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Fred brisbanech-26927 Perry Kingston Shower Kingston Resistant Fred Canvas a15ed8d
Dr. Martens Work Ironbridge MG STJeffery-West Seam Front Chevron Chelsea Boot , Camper Pelotas Capsule XL - K100374Kenneth Cole New York Stoan OxfordDiadora M. Winner RB LT TFKenneth Cole New York Design 10505 , Reebok Work Rapid Response 6" CT , Bates Footwear Shock FX Comp Toe , Kenneth Cole New York Story Sandal , Sperry Gold A/O 2-Eye Crepe Suede , CARLOS by Carlos Santana California Tassel , Hi-Tec V-Lite Wildfire Mid I WaterproofColumbia Gunnison Plus LTR Omni-Heat 3D , Eagle Creek Pack-It Specter? Multi-Shoe Cube , Kenneth Cole New York Kam Stripes , Georgia Boot 6" Moc Toe Wedge , Mark Nason Traditional Dress - Lasky , Irish Setter 83403 5" Waterproof Hiker , Emerica Wino G6 Mid X Pendleton , adidas Outdoor Terrex CC Voyager ParleySKECHERS Performance On-The-Go 600 - 55350 , Kenneth Cole New York Sand-Y BeachColumbia Bahama Vent Loco II PFGECCO Soft 7 Tred Hydromax HighAriat Workhog Wide Square Toe CSA , SKECHERS Performance On-The-Go Glide - Harbor , Stacy Adams Dwight Moc Toe Oxford

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.

Luciano Barachini Sandals - Women Luciano Barachini Sandals online on YOOX United Kingdom - 11188376QFGentle Souls by Kenneth Cole Noa-Beth , WOMEN Givenchy Black Gladiator Pumps promotion , PUMA x ADER ERROR RS-100 Sneakers | Whisper White-Lapis Blue | PUMA PUMA X ADER ERROR | PUMA United States , womens Lane Bryant Black/Silver Sandals Guarantee quality and quantity , Converse Chuck Taylor All Star - Leather OxFENTY PUMA by Rihanna Green-bordeaux Gum Creeper Sneakers , women Jimmy Choo Black Jc Wedges bestsell , mens/womens Kamik Yukon C Boots Valuable boutiqueCoolway BALOO - Ankle boots Colour: black , Adidas Office KOBRA - High heeled boots - black , Adidas Levi's? WOODS - Trainers - navy blue , Reebok Classic CLASSIC - Trainers - white/light grey , Head over Heels by Dune GISELLAA - Slip-onsmens/womens Soft Style Lizzy Sandals The color is very eye-catching , men/women Jana Ballet pumps Colour: rose Let our goods go to the worldHogan Sneakers - Women Hogan Sneakers online on YOOX United Kingdom - 11542928OL , Rodo Sandals - Women Rodo Sandals online on YOOX United Kingdom - 11573598QCCarshoe Loafers - Women Carshoe Loafers online on YOOX United Kingdom - 11531762JB , Cesare P. Sneakers - Women Cesare P. Sneakers online on YOOX United Kingdom - 11442775UORuco Line Sneakers - Women Ruco Line Sneakers online on YOOX United Kingdom - 11543754AT , Intropia Ankle Boot - Women Intropia Ankle Boots online on YOOX United Kingdom - 11456115XF , Steve Madden Sandals - Women Steve Madden Sandals online on YOOX United Kingdom - 11365423SP , Bottega Veneta Sandals - Women Bottega Veneta Sandals online on YOOX United Kingdom - 11499510VWValentino Garavani Boots - Women Valentino Garavani Boots online on YOOX United Kingdom - 11425165JBElegant appearance Aerosoles Magnolia PlushSakroots Elba Style these fresh and new Elba thongs any way you want, so chicStella McCartney Bronze Golden Copper White New Elyse Faux Leather Platform Sneakers Sneakers , Dior Pink/ White Christian Signature Pink/ Sneaker 39.5 SneakersWomen's Ted Baker Red Suede Sandals Sale online store ,

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

Fred brisbanech-26927 Perry Kingston Shower Kingston Resistant Fred Canvas a15ed8d -

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

Fred brisbanech-26927 Perry Kingston Shower Kingston Resistant Fred Canvas a15ed8d