Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Saint 39.5 Laurent Blue Denim testoste-1562 Wood 39.5 Wood Sandals e6f69ad
Dior White/Clear Women's Rubber Pvc (29079) SandalsMiu Miu Silver Crystal Blue Accents Sandals , Valentino Pink Rockstud Pvc Flip Flop SandalsValentino Beige Garavani Rockstud Leather Platform Sandals , Tory Burch White Pearce Thong Bleach SandalsTory Burch Tan Miller Patent Logo Sandals , Salvatore Ferragamo Black Kitten Heel Slip-on SandalsTory Burch Savannah Metallic Wedge Silver SandalsJimmy Choo Python Peep Toe Heels Sandals , Tory Burch Nude Pink Miller Logo Sandals , Burberry Grey Flip Flop Thongs Slippers SandalsNicole Miller Black Leather Wedge Sz. SandalsTory Burch Black Miller Patent Leather SandalsAquazzura Cognac Beverly Hills 50mm Suede SandalsChristian Louboutin Ring Lizard Kitten Heels SandalsTory Burch Navy Blue and Black Sandals , Prada Beige Summer Signature Logo Summer SandalsDonald J. Pliner Tan Leather Gigli Sandals , Burberry Pink Check Plaid Gently Used SandalsTory Burch Dixon Patent Calf Red Sandals , Christian Louboutin Black Kitten Heel Slingback Sandals , Burberry Black Bridle Houscheck Flip Flop Sandals , Tory Burch Nude Patent Holly Logo Sandals , Christian Louboutin Black Cataclou Espadrille Platform Sandals , Tory Burch Cassia French Calf Thong Sandals , Tory Burch Black Miller Flip Flop Sandals , Jeffrey Campbell Taupe Bryndis Suede Gladiator Sandals , Donald J. Pliner Black Leather Fifi Sandals , Tory Burch Gold Savannah Metallic Wedge Sandals

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.

DESIGUAL 18sshf07 WEDGE-HEEL SANDALS FOR WOMEN , Superga 2750 COTU CLASSIC Black , lady Aquazzura Black Pom Pom Sandals Fashion patternAPLAUSO 2554 FASHION ANKLE BOOTS FOR WOMEN , Selected Homme SLHDAVID TRAINER - Trainers From , Men/Women Soft Style Heartbreaker Flats Excellent stretchingCassis c?te d'azur SLOMANI - Sandals , man/woman Miz Mooz Fido Boots economic , Slydes BRIGHTON - Mules Colour: blue , Kenneth Cole Reaction Great Leap 4 , ASOS DESIGN | ASOS DESIGN Ray chunky zip bootsmen's/women's Frye Natalie Short Engineer Boots Very practical , Merrell ALL OUT BLAZE SIEVE - Walking sandals Colour: dark slateRoberto Cavalli Sneakers - Men Roberto Cavalli Sneakers online on YOOX United Kingdom - 11538946GPSperry Top-Sider Sneakers - Men Sperry Top-Sider Sneakers online on YOOX United Kingdom - 11242588GISartoria Italiana Boots - Men Sartoria Italiana Boots online on YOOX United Kingdom - 11571853RW , Sara Sandals - Women Sara Sandals online on YOOX United Kingdom - 11460456NG , Giamba Court - Women Giamba Courts online on YOOX United Kingdom - 11491581IQ , Werner Sandals - Women Werner Sandals online on YOOX United Kingdom - 11544118JKGuido Loafers - Women Guido Loafers online on YOOX United Kingdom - 11566961GMCalpierre Ankle Boot - Women Calpierre Ankle Boots online on YOOX United Kingdom - 11494299IQ , By A. Loafers - Women By A. Loafers online on YOOX United Kingdom - 11537016JSVic Matiē Sandals - Women Vic Matiē Sandals online on YOOX United Kingdom - 11119575KE , Bruno Premi Sandals - Women Bruno Premi Sandals online on YOOX United Kingdom - 11443471GV , 2xyP9hMV SKECHERS 14468_bbk SLIP-ON PARA MUJERBritish temperament CALLAGHAN 16200.2 LOW-TOP TRAINERSElegant shape Pedro Garcia Yavel , best seller Dr. Scholl's Classic , Used in durability SALEWA Lite Train , Tory Burch Tan Zoey Leather Logo Wedge 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

Saint 39.5 Laurent Blue Denim testoste-1562 Wood 39.5 Wood Sandals e6f69ad -

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

Saint 39.5 Laurent Blue Denim testoste-1562 Wood 39.5 Wood Sandals e6f69ad