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Billionaire Investor Leon Cooperman Says Bonds, Not Stocks, Are In A Bubble

by cnbc.com posted 8months ago 33 views
Billionaire Leon Cooperman advised investors on Wednesday to stay away from bonds as they are in a bubble. : 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.

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