Leon Cooperman Says U.S. Is Not Headed For Recession

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Jul 09, 2015

Leon Cooperman (Trades, Portfolio) does not see any signs of recession in the data that his hedge fund Omega Advisors is looking at.

He thinks that Greece needs to be put in perspective. Greece represents just 0.02% of Global GDP. Cooperman actually sees green shoots of recovery across the rest of Europe.

In other words, now is not the time to panic despite the scary headlines and jumpy markets.