told CNBC on Friday that he was concerned about the long-term outlook for the stock market because "too much debt is being created."
"I think the overwhelming reality is the Fed is just creating this environment of free money. You have to kind of make a judgement whether that's justified, how long it's going to last and what impact this has on the longer-term outlook," Cooperman said on "Longer term, I probably have a dissenting view than Wall Street because I'm of the concern as to who pays for the party when the party is over?' added Cooperman, chairman of the Omega Family Office.about the long-term market outlook, following Wall Street's robust rally from pandemic-driven lows in late March. "We've been pulling a lot of demand forward. I would expect that future returns will be relatively unimpressive for a long time," he told CNBC then.
Doesn’t matter when tech has billions of cash /liquidity
Come on Leon, don’t ruin Cramers bull rally. What could go wrong with too much debt
What was it that Cooperman plea-bargained to, again ?
Come on....
You are now blowing the whistle at approximately $80 Trillion U.S. Dollars in debt? You cheered on Trump while he was driving us to the brink.
Funny how Leon didn't complain about his tax cuts tho
Don't start now! The trump admin has racked up huge debt and now that it might switch to a dem admin, we get to hear about debt. FOH
That don’t matter to cnbc and the globalists as long as China 🇨🇳 grows they get rich and who cares about the American ppl. They just stole the presidency in broad daylight!! Question is, how long till us patriots rise up and establish order...
Watch out be blamed on Biden if he wins when all this debt was pushed by Trump and the Fed when we were doing well.
horrible
Leon Now you want to talk bout debt. No tax cut for you