Longtime financial expert Leon Cooperman remains optimistic on the U.S. market, he said Monday.
Cooperman, chairman and CEO of Omega Advisors, told CNBC’s “Fast Money: Halftime Report” that there is much to be optimistic about in the U.S. stock market.
“We feel pretty comfortable,” Cooperman said, adding that “I’ve been far too cautious on bonds, but believe me they make no sense at this level of return.”
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Canyon Partners' Canyon Balanced Funds returned -0.91% in October, net of fees and expenses, bringing the year-to-date return to -13.01%. However, according to a copy of the firm's investor correspondence, which ValueWalk has been able to review, the fund quickly bounced back in November, adding 7.3% for the month. Net of fees, the letter reported, Read More
Leon Cooperman: I don’t see a lot of excesses in market
Cooperman’s economic concern
Omega Advisors’ Leon Cooperman discusses the health of the current economic expansion. He explains why he thinks the multiple will be constrained on the market.
Cooperman’s correction checklist
Omega Advisors’ Leon Cooperman analyzes current economic data, saying he expects the market to end the year higher than it is today.
Cooperman’s energy picks
Omega Advisors’ Leon Cooperman, discusses his take on the energy sector and low oil prices.