Bernie Sanders 'doesn't have a clue' — Leon Cooperman says a lurch left in 2020 could hurt stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The billionaire investor says the stock market could get hurt if a far-left candidate were to win the presidency next year.

"Bernie Sanders, in my opinion, doesn't have a clue," says Cooperman, recognizing the democratic socialist senator as a champion of progressives.

Cooperman has been generally supportive of President Trump's business-friendly policies, but critical at times of his conduct.Alex Wong | Getty Images, the billionaire investor who runs Omega Advisors, told CNBC on Thursday that the stock market could get hurt if a far-left candidate were to win the presidency in 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Do you base that on inside information? Your I'll gotten gains have been benefitting your ilk via the carried interest loophole. Sure you have paid lots of taxes. About 22% less annually than you would have owed with you paying as ordinary income. Your opinion has an agenda. Bye.

Correct

Dan the anti Trump CNBC talking head has been negative for 5 years. How much money has he lost?

Old rich guy fearful of Bernie because he would get taxed. Suprising.

What caused the 2008 financial crisis? Left-wing policies? Mmm

Me thinks Leon is just afraid that Senator Sanders will make things fair, which means horrible stuff for someone who's very fibre is money money money

30 percent tax on 1m is 300k if you look at the bottom earners that make 50k thats a 100 percent tax on 6 incomes. So for every million $ income earner they pay the taxes of multiple people. we need to promote Higher income.. and taxes can stay put if the bottom made more.

Exactly

Duh 🙄

Hurt stocks = help workers. Don't you CNBC folks know a thing or two about capitalism?

Ha. I saw this article posted elsewhere and it's being mocked relentlessly. I just thought I'd pop over here to laugh in your face directly.

Bernie Sanders is a shining example of what happens when you have lived 77 years without ever working. You take a look around and see all of these much younger people with much more than you and decide it's because of unfairness and not the 57 years of work you skipped.

BernieSanders is a moral concerned candidate interested in the welfare of those fucked over by cunts like this one. Anyone who advocates for the stock market while hundreds are staving and dying needs his ball cut off at the very least.

If you have a D at the end of your name they will play you will pay.

Boo fucking hoo.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines