Billionaire Leon Cooperman Sees Recession as '2023 Event'
July 11, 2022
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2:17Now PlayingBillionaire Leon Cooperman Sees Recession as '2023 Event'
YouTube Description
as posted by the channelBillionaire Leon Cooperman, chairman and CEO of Omega Family Office, says he has a "cautious view" on the outlook for financial markets and the US economy, predicting a recession next year leading to a sharp decline in equities. "When the recession hits, which will be a 2023 event -- the market will find a bottom somewhere between 35% and 40% below its peak of 4,800," Cooperman says on "Bloomberg Surveillance."
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