Leon Cooperman calls for recession next year, expects S&P to fall 40% from January high
Billionaire investor Leon Cooperman said on Tuesday that rising oil prices or the aggressive tightening of the Federal Reserve will lead the US economy to a recession next year, and that could mean a 40% drop for the S&P 500 from high to low. “I think we’re going to have a recession and profits are …
Leon Cooperman calls for recession next year, expects S&P to fall 40% from January high Read More »