Billionaire investor Leon Cooperman: We’re heading into a financial crisis in this country

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Leon Cooperman, Omega Family Office chairman and CEO, joins ‘Squawk Box’ to discuss the latest market trends, the state of the economy, ongoing federal deficit problem, the Fed’s inflation fight, top stock picks, ongoing protests on college campuses over the Israel-Hamas war, rise of antisemitism, and more.

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37 COMMENTS

  1. Interesting how over 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

  2. I watched the full video of Berkshire Hathaway's annual meeting. I was impressed by how his position has remained fluid ever since he's been investing, and yet he still remains in the game. I've been following Buffett since 2019, and I've learnt so much from his personal investment style to earn myself five figures monthly in dividend income

  4. I'm favoured, Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $32K weekly has been really helpful. I can now give back to the locals in my community and also support Charity Organizations. I really appreciate your videos

  5. You would think this country is doing awesome the way Congress is giving our money away by the 10s of billions and keeping up illegals from around the world! You would never know the country is 34 Trillion in debt!!

  8. Because billionaires and other greedmongers drove the economy yo this. Sure, blame the government, but who are the ones who actually control the politicians and policies through bribes / political donations and lobbyist groups ?
    Being rich don't mean you're smart. But it can make you extremely dangerous.

  13. Interesting how over 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

  15. The economy isn't doing well, numbers doesn't tell the real truth and the government is well aware about it. I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

  17. "Pig's eating at a Trough! In those days the Sheeple Will be so Deceived, that they will Not believe they are Being Deceived.
    Hay Leon… do you know there is something Worse than the crash of the Cash is coming?
    It is 1 thing ALL Mortals have in common, "the last Breath, Abbra Cadaver, the Body Eden IS DEAD!"
    The Sands of the Hour Glass is running out Dorothy! The Flying Monkeys had Toto for Lunch!
    Have you tried eating Gold? Silver is cheaper, What does that taste like?

  18. The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

  19. I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

  23. Please stop this richy-richy fatcat propaganda. The National Debt is not the problem. One problem is corporate debt because CEOs are grossly irresponsible. Another problem is personal debt because people can't afford to buy houses, cars and other major purchases on the salaries they are paid. Please read "The Deficit Myth" by Stephanie Kelton.

  27. The US has been destroyed over a period of 50+ years from the off-shoring of industry and jobs. Now, the US has been financialized like the UK was in the 1900s becoming a paper tiger. The elite class has essentially moved the majority of production to China and the far east. When will folks discover that the FED is simply part of a giant Ponzi system called fiat banking. That's when the whole thing blows up.

  29. Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

  31. I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

  34. As a newbie about to invest, you must have these four things in mind
    1. Have a long term mindset.
    2. Be willing to take risk.
    3. Be careful on money usage, if you're not spending to earn back, then stop spending.
    4. Never claim to know – Ask questions and it's best you work with a financial advise like Rolando Diaz..

  35. If the Big Guy is reelected, there will be a 40% Capital Gains Tax , gas back to $5 , more inflation, our money going overseas for endless wars

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