The Dow Jones reversed higher Wednesday morning after ADP's jobs data. AI stock C3.ai plunged another 12% after Tuesday's short-seller letter. Read More...
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Billionaire Leon Cooperman Warns of More Economic Turbulence Ahead — He’s Using These 2 Stocks for Protection
We’re in a turbulent economic environment right now, and the headwinds are piling together, putting up an ominous cloud on the financial horizon. Billionaire Leon Cooperman, the CEO of Omega Advisors, has noted the coming storm, and sees the commercial real estate market as the eye of the developing hurricane. In Cooperman’s view, several factors are about to hit hard at commercial real estate: first, declining occupancy rates; second, rising interest rates; and third, reduced credit access in a
