‘They won’t open the stock market if Elizabeth Warren is the next president.’ That’s Leon Cooperman, the billionaire boss at Omega Advisors, joking to a crowd at the Delivering Alpha conference in New York this week about what a win for the left could ultimately mean for investors.
“The Democratic Party seems to be leaning towards the left on policies, which is very harmful for the economy. I don’t like the shift to the left,” he explained to CNBC, adding that the market, of course, will open, but it won’t be pretty. Of course, as one member of the Financial Twitterati pointed out, fears of a Democrat steering the ship just might be overblown:
“Her policies are counterproductive,” Cooperman said. “They’re negative for capitalism, and capitalism is what brought America into the position we’re in today.” Watch the full interview:
Yeah. But on Wall Street this is called “Talking your Book” I believe. He and his associates are the focal point of Warren’s wrath, so OF COURSE he’s going to try to scare the rest of us away from her.
Correct there was no stock market in the Soviet Union.
The market will tank 2,000 points if Pocahontas or Comrade Bernie are elected. And it would immediately trigger a stop of trading !
Any democratic candidate will kill the markets if elected.
He’s 100% right. She would be a disaster.
Pretty grim for their personal bank accounts. That's all they care about.
What a racist! 🤬 satire
Your expected efforts to bigly and fakely lay on the fear, uncertainty, and doubt will fail. Time to try trickle up fellas. The golden goose you starved is mad as hell.
Yay only old people have money anyways ...only rich people invest.....am I doing this right?
Cool graphic lol. Zerohedge seems more credible
Its a Lie and he knows it. I’ve been a market maker in many stocks and bonds myself
Weird... you didn’t post/write this about BernieSanders Check your sexism - “he’s joking” but you still thought it worth publishing... with an ominous background to her photo.
I don’t think he’s joking..... plus, there’s 666 next to her head.😈✌️
oh shut up, Trump is ruining the country, environment, kids lives, and spending like there's no tomorrow.
22 trillion dollars
ComfortablySmug
If he's right just consider it a sale on S&P 500 :)
Nice. You are all making me more convinced that I should vote for Warren.