Cooperman: Too Much Debt In The System
Cooperman specifically pointed to the combination of the increasing national debt and the Fed pumping "free money" through the financial system.
Cooperman specifically pointed to the combination of the increasing national debt and the Fed pumping "free money" through the financial system.
While there will be plenty of stock-market casualties should price pressures perk up, history suggests the landscape isn’t devoid of opportunity.
The bond king apparently trades "stonks" once in awhile, although he wasn't happy about losing sleep watching people like Elon Musk rattle the market.
“Basically, the Chinese, Taiwanese, and Hong Kong defeated the virus and they haven’t borrowed money from their future,” the hedge billionaire says.
The speculative excesses that have defined this bull market hit new records with little fanfare last week. Get used to it, Goldman strategists say.
Roubini warned bitcoin could “collapse” if Tether, the issuer of the tether stablecoin, and crypto exchange Bitfinex are indicted this year.
Subprime lending billionaire Donald Foss conceded to having sold "a lot" of his stake at a healthy profit and said he was still long GameStop shares.