Leon Cooperman Speaks to Steve Forbes and Provides Several Investment Ideas

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Jul 02, 2012
Issues that Cooperman addresses include:


- His unhappiness with the performance of Obama, specifically the creation of class warfare where Cooperman feels Obama has made villains of the successful and hardworking


- Government bonds


- Bonds currently providing a negative real return


- 10-year Treasury bond yielding 4% to 6% in the next several years which would mean serious negative returns for current bond holders


- People not understanding the risk they are taking by holding bonds at these yields


- Every asset class being subsidized by the Fed, but stocks being the best asset class


- Stocks he likes including Apple (AAPL, Financial), Qualcomm (QCOM, Financial), Google (GOOG), Halliburton (HAL, Financial), Transocean (RIG, Financial), JPMorgan Chase (JPM, Financial)