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Billionaire investor Leon Cooperman says the stock market will be lower a year from now due to higher taxes, rising interest rates, and inflation that will surprise the Fed

13 days ago   |   By Business Insider

Rick Wilking/Reuters
Billionaire investor Leon Cooperman said the stock market will be lower a year from now.
He sees the higher taxes, rising interest rates, and rising inflation weighing on stocks.
Cooperman also said the Fed will be "surprised" at the pickup in inflation.
See more stories on Insider's business page .
Leon Cooperman told CNBC on Friday the stock market will be lower a year from today as stocks face downward pressure from rising interest rates, higher taxes, and inflation. His comments come just one day after the S&P 500 closed at another record high and brought its...
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Billionaire Leon Cooperman slams Elizabeth Warren's wealth tax again, suggests eliminating the Education Department instead

13 days ago   |   By Business Insider

Billionaire Leon Cooperman.
Screenshot, CNBC
Billionaire Leon Cooperman went on CNBC and spoke out against Elizabeth Warren's wealth tax again.
Cooperman is one of the most vocal opponents of both Sen. Warren and her key policy agenda item.
He recently declined Warren's invitation to testify to the Senate; she said he was "too frightened."
See more stories on Insider's business page .
Billionaire Leon Cooperman has lodged yet another entry in his ongoing back-and-forth with Sen. Elizabeth Warren over a wealth tax. He added a new wrinkle to it today: Eliminating the Department of Education...
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