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Stock market outlook: Leon Cooperman sees slim odds of S&P 500 revival

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Billionaire investor Leon Cooperman expects losses for US stocks in 2023: 'Anybody looking for a new bull market is looking the wrong way'

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.

 

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