'The market is ahead of the fundamentals': Billionaire investor Leon Cooperman says stocks are overvalued, especially considering the huge increase in debt
"On the big picture, I think the market is ahead of the fundamentals," said Cooperman "I believe in the economic recovery, and I believe we'll get ahead of the virus problem, but I think the valuations are just too high relative to the uncertainty."
"The China relationship deteriorating, the tremendous increase in debt in the system, certainly from the election, the virus issues," are all risks that could weigh on markets, according to Cooperman. Leka Devatha quit a cushy corporate career to start flipping houses. She breaks down how she made $1 million on a single deal by supercharging a simple strategy.
"I am focused on something the market is not focusing on at the present time and that is: Who pays for the party when the party is over?" said Cooperman.
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