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Omega’s Cooperman Says There Is No Bubble in U.S. Stock Market
©2015 Bloomberg News NPL7CL6KLVR4 (Bloomberg) — The U.S. stock market isn’t overpriced and may gain as much as eight percent annually over the next three to five years even if there’s an economic setback, Omega Advisors Inc.’s billionaire founder Leon Cooperman said Sunday. “I think the market’s OK,” Cooperman, chairman
Bloomberg Business: Apple’s Bond Sales Wave Red Flag on U.S. Interest-Rate Outlook
Copyright 2015 Bloomberg. NJ6DN86S972M (Bloomberg) — Apple Inc.’s mega bond sale is fueling speculation U.S. interest rates are poised to increase. The iPhone maker sold $6.5 billion of debt as it locked in borrowing costs for as long as 30 years. Yields may not stay this low if forecasts for
