Cooperman U.S. Bull Market Check List

Cooperman: U.S. Equity Bull Maket, Economic Expansion Long Lasting

Leon Cooperman, the Chairman and CEO of Omega Advisors remained bullish about the U.S. equity market and optimistic about the country’s economic growth, says Cooperman in a letter to investors reviewed by ValueWalk.

Cooperman and his team believe that the U.S. equity bull market and country’s economic expansion would be “long-lasting and self-sustaining.” According to them, the U.S. economic growth “should be broad-based, low in volatility, and in a sweet spot."
U.S. equity markets should deliver 6% to 8% return over the coming years
Cooperman and his team believe that the U.S. equity bull market should deliver a mid to high, a single-digit total return of around 6% to 8% over the coming years. According to them, the total returns consist of a 4% to 6% earnings growth and a 2% dividend yield.

“We are on the view that the current U.S. equity bull market will last quite a while, longer than the next twelve months. The principal reasons for this notion of extended equity bull market are our expectations of a synchronized long-lasting global economic expansion, and a synchronized kong-lasting period of global central bank accommodation.”

The hedge fund manager and his team said the U.S. share valuation is okay, and there is no alternative to equities from fixed-income markets. They noted that the U.S. equity market has a “very good valuation relative to bond interest rates and inflation.”


Cooperman believes central banks will remain investor-friendly

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required


Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 20 subscribers take advantage whichever comes first – please do not share this discount with others

 

0