Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Adidas Esprit UNIQUE - - Trainers Adidas - 18054 navy ca435b1
Adidas Toral Classic ankle boots - arenaAdidas CAFèNOIR Classic ankle boots - neroAdidas Pier One Cowboy/Biker boots - greyAdidas Replay ROSE - Trainers - black , Adidas Toral Classic ankle boots - blackAdidas Tamaris High heeled boots - khakiAdidas Victoria Shoes Platform boots - blackAdidas Superga LAMEW - Trainers - doré/blanc , Adidas Sixtyseven WASEDA - Trainers - rosa , Adidas Love Moschino Trainers - fantasy color , Adidas Massimo Dutti Cowboy/Biker boots - multi-colouredAdidas ALDO AFERINNA - Slip-ons - cognac , Adidas Bruno Premi Ankle boots - porpora , Adidas Puma SMASH - Trainers - white/cerulean , Adidas Geox MYRIA - Trainers - black , Adidas Pier One Over-the-knee boots - blackAdidas Bianca Di Classic heels - nero/cipria/bianco , Adidas Esprit ASTRO - Trainers - taupe , Adidas Paloma Barceló Platform boots - blackAdidas SPM IRIN - Sandals - redAdidas Pinto Di Blu Boots - bleu , Adidas Reebok Classic Trainers - chalk greenAdidas Bianca Di Classic heels - neroAdidas s.Oliver Classic ankle boots - pepperAdidas Pier One Ankle boots - neroAdidas Puma MUSE - Trainers - black ,

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.

George J. Love Sneakers - Women George J. Love Sneakers online on YOOX United Kingdom - 11428824EE , Le Marinē Sandals - Women Le Marinē Sandals online on YOOX United Kingdom - 11500187AW , Shop ★ Art Sneakers - Women Shop ★ Art Sneakers online on YOOX United Kingdom - 11239252ALwoman Bally Blue Berenys Platforms Make full use of materialsMARIA MARE 66348 Rojo-brush Cuero WEDGE-HEEL SANDALS FOR WOMENMEPHISTO Serena WEDGE ANKLE BOOTS FOR WOMEN , womens Guess Nude Pumps Platforms Different products , Men/Women Naturalizer Dawson Heels Official website , Neil Barrett Liquid Ink Slip-On Sneaker , Neil Barrett Tonal Thunderbolt Tennis Sneaker , SKECHERS Relaxed Fit Status - Versen , Aquazzura Sandals - Women Aquazzura Sandals online on YOOX United Kingdom - 11404172LK , Lotto Sneakers - Men Lotto Sneakers online on YOOX United Kingdom - 11131822VM , A.Testoni Sneakers - Men A.Testoni Sneakers online on YOOX United Kingdom - 11459158UCToe post sandals with beaded detail , grey, La Redoute Collections , Men/Women Ryka Elena NRG Sneakers & Athletic Ryka New productMalìparmi Boots - Women Malìparmi Boots online on YOOX United Kingdom - 11035468WG , F.Lli Bruglia Court - Women F.Lli Bruglia Courts online on YOOX United Kingdom - 11520447XA , Carlo Pazolini Court - Women Carlo Pazolini Courts online on YOOX United Kingdom - 11519153NL , Jeffrey Campbell Sandals - Women Jeffrey Campbell Sandals online on YOOX United Kingdom - 11266594KBPretty Ballerinas Court - Women Pretty Ballerinas Courts online on YOOX United Kingdom - 11510492FWLaura Biagiotti Sandals - Women Laura Biagiotti Sandals online on YOOX United Kingdom - 11565451LE , Gianvito Rossi Court - Women Gianvito Rossi Courts online on YOOX United Kingdom - 11488883IDNB8ETJrg SKECHERS Rumblers - Space OdysseyHGXOPo4s Ladies Charcoal Sneakers Famous store , Upper material rag & bone Evin , Moderate cost Klogs Footwear Tiburonadidas By Stella McCartney White Women's Barricade Boost Tennis Sneakers , Tory Burch Black T Logo Strap Saffiano Patent Leather Sandals , Women's Bottega Veneta Black Strappy Sandals High quality

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

Adidas Esprit UNIQUE - - Trainers Adidas - 18054 navy ca435b1 -

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

Adidas Esprit UNIQUE - - Trainers Adidas - 18054 navy ca435b1