The hardest working man in the hedge fund business Lee Cooperman joined Bloomberg to discuss the ECB action, where he sees the market going and his favorite stock ideas.
He thinks that the ECB action will be helpful for equities around the world. The United States is not an island unto itself and global growth helps everyone.
Cooperman sees absolutely no signs that the US economy is heading towards a recession. He would however note that equities are likely roughly fairly valued.
