Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
Tiger of - Sweden - BARANT - Classic ankle boots Tiger - black 5e4265f
Nike Sportswear PANTHEOS - Trainers - summit white/green abyss/habanero red/sailZadig & Voltaire ROMARE - Classic ankle boots - cognacNike Sportswear AIR MAX COMMAND - Trainers - canteen/desert-string/light carbon , Vans SK8 MID REISSUE - High-top trainers - cadmium green , le coq sportif VERDON WINTER SPORT - Trainers - black/reglisseLacoste LEROND BL 1 CAM - Trainers - blackPalladium SUB MID - High-top trainers - cathay spice/chocolate brown/sahara , Nike Performance FREE TRAINER V8 - Sports shoes - blackNike Sportswear COURT ROYALE SUEDE - Trainers - wheat/grey/light brown/blackPolo Ralph Lauren SAYER - Trainers - deep saddle tanJack & Jones JFWABBOTT - Classic ankle boots - anthraciteEtnies METAL MULISHA FADER - Skate shoes - dark grey/black/whiteHagl?fs BJ?RBO PROOF ECO MEN - Walking boots - driftwoodBOSS ATHLEISURE TITANIUM RUNN ACT - Trainers - dark redColumbia BUGABOOT PLUS III OMNI-HEAT - Winter boots - black/charcoal , Massimo Dutti MIT NETZSTOFF SOFT COLLECTION - Trainers - blue , Sneaky Steve RAGGED - Classic ankle boots - black ecoMammut HUECO LOW GTX MEN - Climbing shoes - graphite/magmaPepe Jeans MARTON - High-top trainers - dark blue , Tommy Hilfiger DAYTONA - Classic ankle boots - winter cognacJeffery West JUNG 5 TASSEL - Slip-ons - blue , LOYALTY & FAITH VENUS SHOE - High-top trainers - black , adidas Originals TUBULAR SHADOW - Trainers - onix/clear grey/footwear white , Dr. Martens 2976 CHELSEA - Classic ankle boots - black , adidas Originals EQT SUPPORT MID - Trainers - coreblack/greyfive/footwear whiteNike Performance LEGEND REACT - Neutral running shoes - blackUnder Armour PROJECT ROCK 1 - Sports shoes - white , Nike Performance MAMBA RAGE - Basketball shoes - black/bright crimson/sailNike SB STEFAN JANOSKI MAX - Trainers - hazelnut/black/ivory/clay orange ,

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.

Giancarlo Paoli Ankle Boot - Women Giancarlo Paoli Ankle Boots online on YOOX United Kingdom - 11479242TM , BAERCHI 35403 PLATFORM SANDALS FOR WOMENSTROVER 1028 THIGH BOOTS FOR WOMEN , AVID Women’s evoKNIT Running Shoes | Shell Pink-Puma White , Sgn Giancarlo Paoli Ankle Boot - Women Sgn Giancarlo Paoli Ankle Boots online on YOOX United Kingdom - 11479367QFwomen Fendi Grosgrain Platforms Win the praise of customers , womens Cole Haan Grey Oxford Sneakers Low priceLadies Nina Rose Golden Sandals Complete specification area , Valentino White/Pink & Open Leather Sneakers Sneakers , Ann Taylor Brown Tara Fringe Suede Sandalsmen/women Taos Footwear Stage Heels BeautifulPepe Jeans TINKER 1973 - Trainers - bordeauxmen's/women's Soludos Crisscross Sandal Sandals high quality productmens/womens Clarks Teadale Elsa Loafers Explosive good goods , Men/Women Blue by Betsey Johnson Aces Heels PromotionSavoy Loafers - Women Savoy Loafers online on YOOX United Kingdom - 11514434PIP448 Sneakers - Men P448 Sneakers online on YOOX United Kingdom - 11220142HF , man/woman Lacoste Explorateur Mid 316 2 Sneakers & Athletic Lacoste Order welcome , Startup. Loafers - Women Startup. Loafers online on YOOX United Kingdom - 11530587XPStiù Sandals - Women Stiù Sandals online on YOOX United Kingdom - 11564829OJ , Albano Ankle Boot - Women Albano Ankle Boots online on YOOX United Kingdom - 11535197TJHogan Ankle Boot - Women Hogan Ankle Boots online on YOOX United Kingdom - 11536949NBLeather Crown Sneakers - Men Leather Crown Sneakers online on YOOX United Kingdom - 11578810HA , Ash Taupe with Fur Brizz Sneakershigh quality Dr. Martens JasmineQuality and consumer first Bogs Classic Tall , Ariat Cowhand Every Cowhand deserves the style and grace of the Ariat western boot! , Women's Balenciaga Black Leather Formal Shoes a great varietywoman Tory Burch Black Bryce Sandals Practical and economical , MISS Prada Brown Leather Heels Sandals Comfort

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

Tiger of - Sweden - BARANT - Classic ankle boots Tiger - black 5e4265f -

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

Tiger of - Sweden - BARANT - Classic ankle boots Tiger - black 5e4265f