US billionaire Leon Cooperman warns the US stock market is nearing the end of its bull run, citing bubble-like valuations and rising risks, especially in AI stocks, as key indices hit record highs and the Buffett Indicator signals overheating.
#YonhapInfomax
#LeonCooperman #USStockMarket #BuffettIndicator #ArtificialIntelligence #SP500
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84491

I came across this piece from last year by Eli Saslow, on #billionaire #LeonCooperman, who’s trying to give away his money. It’s a interesting and frustrating profile in that it demonstrates an internal argument that’s left him #AlmostThere—almost recognizing the limits of his own moral argument for #Capitalism.
https://www.washingtonpost.com/nation/2022/01/30/moral-calculations-billionaire/