Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
ffd1YNyI mens/womens antiinfla-26138 ffd1YNyI DC 26137 Mutiny Boots comfortable 373209e
crz8clTI man/woman GUESS Dyer Loafers fashionhI6JvNy9 man/woman UNIONBAY Murray Boots Variousn0ztQ5AS Men/Women Born Soledad Oxfords excellentyo8SIaIl Men/Women Born Decker Oxfords value , 2i9bnx7b mens/womens Aquatalia Trevor Oxfords newD7XjwrKG men's/women's Aquatalia Roberto Oxfords Promotion , Jn6iuPgi man/woman Sanuk Chiba Loafers CheapQslkmSqn men's/women's Alegria Martinique Sandals CharacteristicsyJ6uVYj7 man/woman Alegria Oz Loafers excellentuD9sAiI0 men/women Propet Max Oxfords buy , wsMy2HTk men/women Foamtreads Dominic Slippers cheapestJyJEZMLP men's/women's GUESS Jears Boots Queensland , dZdxPdER mens/womens Kamik Nationwide Boots auction , Ws8wUHHu mens/womens Kamik Dawson Boots sellOUG3WS3q men's/women's Woolrich Heff Slippers Beautiful2YeVoWmX Men/Women Quiksilver Abatt Boots cheapAQHm27D2 men/women IZOD Freeman Loafers Trendy , dLcYhREW men's/women's GBX Shae Sandals Export , vmOUdc61 mens/womens Satorisan Somerville Boots BrandYBE59uV4 men/women Satorisan Waraku Boots durableUo6eyNBs mens/womens GBX Packer Boots Queensland , 6OwEKe3m men's/women's GBX Hurst Oxfords delicate , tJdXQD61 Men/Women Roper Undercover Boots new , AOO3aLC3 men/women Vince Bristol Oxfords fashionable , kM6WpAmc men/women Dockers Lowry Oxfords wonderful , r1d6ovDS man/woman Trask Maddox Oxfords comfortable , Np5lcDxu men/women Mephisto Claudio Boots Impeccable , LncY9EN3 men's/women's Trask Andrew Boots bargainWZsYL1I0 men's/women's Born Pepper Loafers Impeccable ,

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.

Giuseppe Zanotti Ankle Boot - Women Giuseppe Zanotti Ankle Boots online on YOOX United Kingdom - 11361887XLIslo Isabella Lorusso Sandals - Women Islo Isabella Lorusso Sandals online on YOOX United Kingdom - 11403609BSRobert Clergerie Open-Toe Mules - Women Robert Clergerie Open-Toe Mules online on YOOX United Kingdom - 11119192DR , Alexander Smith Sneakers - Women Alexander Smith Sneakers online on YOOX United Kingdom - 11486018MA , ADIDAS Bb3256-adidas LOW-TOP TRAINERS FOR WOMEN , Vivienne Westwood Anglomania + Melissa Court - Women Vivienne Westwood Anglomania + Melissa Courts online on YOOX United Kingdom - 11362101TCSteve Madden Maddy Slipper - Sandals - Women Steve Madden Sandals online on YOOX United Kingdom - 11436957JIDIMO Mdb 42-2469 FASHION ANKLE BOOTS FOR WOMEN , WOMENS Black Linen/ Cork Wedges Consumers firstmen/women Exé Mules Pleasant appearance , men/women Schutz Jenina Heels Good world reputation , man/woman ALDO Eoweladda Oxfords the most economical , Aigle POLKA GIBOULéE - Wellies , Adidas adidas Originals NIZZA - Trainers - core blackHunter | Hunter Original Play Pink Tall Wellington BootsLaura Biagiotti High heeled sandals Colour: black/light gold , Docksteps Boots - Men Docksteps Boots online on YOOX United Kingdom - 11536032NHO.X.S. Sneakers - Women O.X.S. Sneakers online on YOOX United Kingdom - 11456562PUPierre Hardy Sneakers - Men Pierre Hardy Sneakers online on YOOX United Kingdom - 11574620MR , Børn Black Flip Flops Thong SandalsWomen's Hermès H1088-6. 39 Sandals finishing , Used in durability Clarks Gracelin Jenny , woman White and Red Carmelo Sneakers Cheaper than the price , Prada Brown New Leather Thong with Heart Detail Sandals , WOMENS Prada Blue Logo Thong Sandals Crazy Price, Birminghamlady Miu Miu Wine Mary Wedges Average costs , MISS Black and Camel Jalone Platforms Rich designwomens Birkenstock Bronze Metallic Mayari Sandals Reliable qualityNike Red Brown Limited Edition Floral SneakersSigerson Morrison Black Snake Embossed Leather 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

ffd1YNyI mens/womens antiinfla-26138 ffd1YNyI DC 26137 Mutiny Boots comfortable 373209e -

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

ffd1YNyI mens/womens antiinfla-26138 ffd1YNyI DC 26137 Mutiny Boots comfortable 373209e