While market bears argued that the rise in yields and stock-market reaction belied investor fears that a growth slowdown is around the corner, Cooperman, the founder of Omega Advisors, argued that the economy, “if anything, is too strong” and that the conditions “that normally lead to a big decline just aren’t present.” https://www.marketwatch.com/story/b...-stocks-says-billionaire-cooperman-2018-10-17
I don't get the bubble talk in bonds. They still pay positive returns (nominal), if one holds till maturity. There may be better opportunity else where, but certainly not a bubble.
Cooperman is out of his mind. He’s a Trump cheerleader and will never say anything against the Trumo economy... he’ll soon parrot the anti-Fed line.
Since Cooperman formed Omega in 1991, he has beaten the SP by about 3% each year. He's definitely out of his mind.
If you mention a bubble my mind goes back to shanghai composite dilema when one japaneese made 40 billions dollars overnight owing to absence of all market variable in play living a bubble to burst against many in favovour of few with the first hand info.