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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
Oil Holds Gains Near $50 a Barrel as OPEC Sees Demand Growth
©2015 Bloomberg News NW2VS56KLVR5 (Bloomberg) — Oil extended gains near $50 a barrel amid speculation an increase in demand will ease a global glut. Futures rose as much as 0.5 percent in New York after advancing 9 percent last week. Demand will grow and non-OPEC supply is due to contract,
