Billionaire investor Leon Cooperman says bonds, not stocks, are in a bubble
MISS Dolce&Gabbana 3319 Love Sneakers MISS free-blow-3319 Sneakers Pleasant appearance d253faa
lady Miu Miu Pink Sneaker Sneakers Affordablelady Miu Miu Snake Skin Sneakers uppers , lady Buscemi Sneakers Elegant and robust packaging , WOMENS Giuseppe Zanotti Colorful Sneakers Good market , MISS Céline Fuchsia Slip Ons Sneakers Nicewomens Fendi Black Fur Sneakers Sneakers tender , MISS Balenciaga White Runners Sneakers First quality , ladies Burberry White Sneakers Sneakers settlement Price , womens Acne Studios Blue Triple Sneakers Queensland , lady Rene Caovilla Runner Sneakers Bright colors , woman Giuseppe Zanotti Tan Sneakers Excellent performance , MISS Christian Louboutin Nude/Multi Sneakers Order welcomewomen Rick Owens Ramones Sneakers Many varietieswoman Fendi Brown/White 7e0662 Sneakers Durable servicewomen Burberry Canvas Sneakers Sneakers Crazy priceWOMENS Prada Black Nylon Tech Sneakers superiorlady Prada Silver Oxford Metallic Sneakers Modernwomens Giuseppe Zanotti Mustard Suede Sneakers High-quality , woman Maison Margiela Mm6 Sneakers Bestsellers worldwide , Ladies Prada Silver Sneakers Sneakers Reliable quality , woman Saint Laurent Black High Sneakers Germanylady Maison Margiela White Gray Sneakers Free , MISS adidas Triple White Nmds Sneakers diversitywoman Givenchy Slip On Sneakers Big salelady Reebok Silver Crackled Sneakers Excellent performanceladies Bakers White Sneakers Win highly appreciated , women Feiyue Gold Platform Metallic Sneakers trendywomens Nike Blac Dunks Sneakers to buy , WOMEN Nike Burgundy Sneaker Wedge Sneakers superior ,

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.

Paloma Barceló Open-Toe Mules - Women Paloma Barceló Open-Toe Mules online on YOOX United Kingdom - 11224070OS , What For Ankle Boot - Women What For Ankle Boots online on YOOX United Kingdom - 11540826AD , Stuart Weitzman Ballet Flats - Women Stuart Weitzman Ballet Flats online on YOOX United Kingdom - 11559002JFmens/womens To Boot New York Fordham Sneakers & Athletic To Boot New York Excellent functionGiorgio Brato Sneakers - Women Giorgio Brato Sneakers online on YOOX United Kingdom - 11458528WUlady Bandolino Nude Heeled Sandals Carefully selected materials , lady Burberry Black Studded Towney Wedges High-qualitymens/womens Franco Sarto Fausta Heels unique , men's/women's Clergerie Tinatu Boots New market , Alberto Zago High heels Colour: londonSeaVees 05/66 Hawthorne Slip On Riv , Adidas New Balance U220 - Trainers - arctic fox , Men/Women Pepen Sole Trainers Colour: black Comfortable feelingMen/Women Arche Ikyade Sandals Make full use of materials , BOSS ATHLEISURE SPACE SELECT - Trainers - blackmen/women Pikolinos Glasgow M05-6544C1 Boots Easy to useman/woman Calvin Klein Madie Sneakers & Athletic Calvin Klein Skilled manufacturingHariette toe post leather sandals , beige/gold-coloured, Les Tropeziennes Par M.Belarbi , Schutz Sandals - Women Schutz Sandals online on YOOX United Kingdom - 11471242OF , Apepazza Sneakers - Women Apepazza Sneakers online on YOOX United Kingdom - 11441898LSZinda Court - Women Zinda Courts online on YOOX United Kingdom - 11563196DK , Ebarrito Ankle Boot - Women Ebarrito Ankle Boots online on YOOX United Kingdom - 11552415SM , Lotto Leggenda Sneakers - Women Lotto Leggenda Sneakers online on YOOX United Kingdom - 11452669BDGiorgio Fabiani Loafers - Women Giorgio Fabiani Loafers online on YOOX United Kingdom - 11445093DIGianvito Rossi Sneakers - Women Gianvito Rossi Sneakers online on YOOX United Kingdom - 11508182EHsHhOxvnS La Sportiva Wildcat 2.0 GTX , Customer first Indigo Rd. Yasmina2low cost Romika Mokasso 202MnA16ABy lady Merrell Wedges Different productsPrada Black Leather Ankle Strap Slide High 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

MISS Dolce&Gabbana 3319 Love Sneakers MISS free-blow-3319 Sneakers Pleasant appearance d253faa -

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

MISS Dolce&Gabbana 3319 Love Sneakers MISS free-blow-3319 Sneakers Pleasant appearance d253faa