Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Hoka Slide 22357 One One Recovery Ora Recovery Slide fb8a086
Cole Haan Lenox Hill Split OxBirkenstock Arizona - Oiled Leather (Unisex) , Birkenstock Boston - Oiled Leather (Unisex)Merrell Tremblant 8" Polar Waterproof Ice+SKECHERS Relaxed Fit Superior - Gains , Hoka One One Clifton 5 KnitCole Haan Wagner Grand Chelsea BootCole Haan Wagner Grand Apron Chukka , Red Wing Heritage 6" Moc Toe , Cole Haan Zerogrand Wingtip Oxford LeatherCrocs Classic Kryptek Typhon Lined ClogFlorsheim Belfast Plain Toe Monk Strap , Nike Tiempo LegendX 7 Academy IC , The North Face Back-To-Berkeley Remtlz MeshJohn Varvatos NYC Back Zip BootThe North Face ThermoBall? Traction Bootie , Nunn Bush Littleton Plain Toe Chukka , Nike SFB Gen 2 8'' GTX , Polo Ralph Lauren Train 100 MidAthletic Propulsion Labs (APL) Techloom BlissJohn Varvatos Cooper Moto Buckle Boot , Kenneth Cole Reaction Indy Sneaker F , Kenneth Cole Reaction Drue Boot BAthletic Propulsion Labs (APL) Techloom Breeze , Merrell Thermo Adventure Ice+ 6" WaterproofJohn Varvatos NYC Double Buckle BootKeen Utility PTC Redding Soft ToeDr. Martens 1460 Rock & RollKeen Utility Redding Mid Aluminum Toe

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.

El Campero Ankle Boot - Women El Campero Ankle Boots online on YOOX United Kingdom - 11549673RGGuess Tan Gold Turquoise Marbela SneakersAdidas Originals Eqt Bask Adv - Sneakers - Men Adidas Originals Sneakers online on YOOX United Kingdom - 11540231QRNike Nike Epic React Flyknit - Sneakers - Men Nike Sneakers online on YOOX United Kingdom - 11488646DOladies Christian Louboutin Black Stilletto Platforms High quality and low effortWomen's Roberto Cavalli Brown Geisha Sandals Charming design , FENTY PUMA by Rihanna White 00000 SneakersHavaianas SLIM LOGO METALLIC - Pool shoes , men's/women's Steve Madden Scheme Oxfords selling price , BOSS RACING - Trainers - blackMagnanni Classic ankle boots Colour: acada caobaman/woman Steve Madden Clara Flat Sandal Sandals Breathable shoes , Adidas Kappa TRUST - Sports shoes - blackman/woman Gabor Platform heels Modern mode , man/woman Johnston & Murphy Alayna Boots selling pricemen/women Joie Maddysun Sneakers & Athletic Joie wonderfulmen's/women's Reef Switchfoot Print Sandals Easy to use , Dondup Boots - Men Dondup Boots online on YOOX United Kingdom - 11535573LU , Fitflop Sandals - Women Fitflop Sandals online on YOOX United Kingdom - 11575577QVManuel Barceló Sneakers - Women Manuel Barceló Sneakers online on YOOX United Kingdom - 11225985BNMarsèll Ankle Boot - Women Marsèll Ankle Boots online on YOOX United Kingdom - 11288503UBTory Burch Sandals - Women Tory Burch Sandals online on YOOX United Kingdom - 11576206XWAlexandre Birman Black Judy Suede SandalsDqUA3bvM STROVER 2310 SHOES FOR WOMENLightweight shoes Stuart Weitzman Tippi 70 , Exquisite (processing) processing Rockport Briah Gladiator , Complete specifications Allen Edmonds MctavishHarley-Davidson Tessa Add a touch of Harley style to your everyday look with the TessaSalvatore Ferragamo Black Leather Patent Square C Sandalswoman Giamba Multicolor Floral Sandals. Platforms special purchase

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

Hoka Slide 22357 One One Recovery Ora Recovery Slide fb8a086 -

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

Hoka Slide 22357 One One Recovery Ora Recovery Slide fb8a086