Investors had hoped that the stock market would find its footing in 2023 after a tough showing last year. The Dow Jones Industrial Average (DJINDICES: ^DJI) hasn't held up as well, managing only to post a gain of less than 1% for the quarter. The one surprising factor in the Dow's rise is that all four of the average's top-performing stocks are in the technology sector. 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
