Leon Cooperman: The United States economy is either in recession next year, and a rebound in inflation will hurt the United States stock valuation

chief executive officer leon cooperman, mega advisors, warned that the united states economy might fall into recession next year and would drag down the stock market. he noted that brent ' s crude oil price had remained at $90 per barrel following the iranian war, that the retail sales ring had fallen by 0.6 per cent in july and that the rebound in inflation would hit stock valuations. cooperman argued that the market was biased against the 500-year-old growth expectations and avoided the technology unit. the united states rate of return on 30-year national debt reached 5.33 per cent on tuesday, the highest since june 2007. he said that the market was now widely viewed and that investors would sell quickly if negative catalysts appeared。