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Podcast: Squawk Pod
Episode: âToo Richâ Stocks Are Going Down: Leon Coopermanâs 2024 Market Take 02/06/24
Description: Billionaire investor Leon Cooperman forecasts that stocks could see losses this year, while long-duration Treasury yields could test higher again. The Omega Family Office chairman and CEO also discusses the latest market trends, the Fedâs rate path decision, state of the economy, antisemitism on campus, the 2024 Presidential race, Elon Musk, and more. Shares of Palantir popped Tuesday, a day after the company released fourth-quarter earnings that detailed strong demand for its AI offerings. Plus, Boeingâs grappling with its latest issues, and Snap says it will lay off 10% of its workforce worldwide to âpromote in-person collaboration.âLeon Cooper...