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‘We are heading down’: Leon Cooperman warns that stocks could plunge 22% from here — he’s using these 2 stocks for protection
For those pining for the year’s early bull run to pick up steam again, take heed. One well-known investing sage thinks that is completely unlikely to happen. Billionaire investor Leon Cooperman thinks the S&P 500 is about to slip by 22% from here while also anticipating the US economy gets dragged down into a recession. "I think QT, Fed tightening, the high price of oil, or maybe a strong dollar — some combination of these four things creates a recession, and the final bottom of the market will