The commercial real estate market is operating in a perfect storm of rising interest rates, declining occupancy rates for offices, and now, less access to credit. There's a huge impending rollover of debt that was initially financed in a low interest rate environment.
Billionaire investor Leon Cooperman rings the recession alarm and says commercial real estate is next in the crosshairs of global banking turmoil
https://markets.businessinsider.com/new ... man-2023-4
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Leon Cooperman (Omega Advisors)
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Re: Leon Cooperman (Omega Advisors)
by winston » Thu Feb 08, 2024 7:28 pm
Stocks will drop, soaring US debt is worrying — and Elon Musk is overpaid, says elite investor Leon Cooperman
by Theron Mohamed
Leon Cooperman expects stocks to slide this year, and is worried about soaring national debt.
Stocks are already pricing in strong earnings and an improving economic outlook, he said.
The billionaire investor thinks Tesla CEO Elon Musk, the world's richest person, is overpaid.
Source: Business Insider
https://finance.yahoo.com/news/stocks-d ... 18523.html
by Theron Mohamed
Leon Cooperman expects stocks to slide this year, and is worried about soaring national debt.
Stocks are already pricing in strong earnings and an improving economic outlook, he said.
The billionaire investor thinks Tesla CEO Elon Musk, the world's richest person, is overpaid.
Source: Business Insider
https://finance.yahoo.com/news/stocks-d ... 18523.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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12 posts
• Page 2 of 2 • 1, 2
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