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Hedge Fund Legend Leon Cooperman Thinks the Emerging Market Scare Is Not a Major Issue
Posted by: Canadian Value (IP Logged)
Date: January 28, 2014 11:02AM
He thinks a correction shouldn't be surprising as everyone was getting too optimistic about the stock market for 2014.
Cooperman thinks that the emerging market issue that has got the stock market worked up is not a major issue. The combined impact of these economies is not significant next to the developed world where economies are strong.
Cooperman thinks the market will be 8 to 10 percent in 2014.
Guru Discussed: Leon Cooperman: Current Portfolio, Stock Picks
Stocks Discussed: SPY, DJI, QQQ,
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