US stocks will likely carry on struggling in 2023, meaning there's no real reason for investors to be bullish right now, billionaire investor Leon Cooperman has warned.
The billionaire investor said he believes there's a 45% chance the benchmark index falls below 3,600 points in 2023 and a 50% chance it ends the year between 3,600 and 4,400.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market outlook: Investors clinging to the S&P 500 aren't safeInvestors clinging to the S&P 500 aren't safe and should get out of crowded trades and into other areas like small caps, Bank of America's top stock strategist says
Source: BusinessInsider - 🏆 729. / 51 Read more »