Hedge Fund Legend Leon Cooperman on His Market and Economic Outlook

Jan 25, 2012

- Agrees with the White House that the economy is getting better.

- Expects 8% to 12% Equity Returns in 2012.

- Economic growth isn’t high enough to dent unemployment.

- Low interest rates, low P/E levels, make stocks attractive.

- Long-term United States needs to deal with debt problems or it will end up in a Europe-like mess.

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