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

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.

[alexsteven.m]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[Beatricegove]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing how can we enhance our earnings during this period of adjustment? I cannot let my $680, 000 savings vanish after putting in so much effort to accumulate them.

[JuneTalley]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[VanChuong-ongh]

The dollar is literally being destroyed / debased / devalued. I just want my money to keep outgrowing the inflation rate. How do i invest about 250k i have parked in the bank and what strategies do i employ to make significant gains and stable cashflow?

[lukefisherDD]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

[bobbymainz]

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.

[alicegomez]

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

[victoriaabott]

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.

[selenajack]

Honestly, this concerns me and has left me uneasy. Especially the potential recession. I'm unsure about my $800k account strategy, considering the uncertainty of a recession mostly.

[BarbaraRichstone]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over $300k, but I'm uncertain about risk mitigation strategies.

[LaurenFeller-dduf]

Interest rate cut and geopolitical uncertainty intensified a seII off in Big Tech Mkt darling Nvidia(NVDA)lost 10%, while Amazon(AMZN)saw a drop of more than 2%. Apple(AAPL)decreased 1%. I'm curious, which st0cks could potentially become the next META in terms of growth. I've allocated $350k for lnvestment, looking for companies to make additions to boost performance

[brianwhitehawker]

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.

[RickWatson-xugw]

Investors are extremely alarmed by the impending recession and the Fed's rhetoric of raising interest rates. My $600k stock portfolio has lost 25% of it’s value. Whats the best way to hedge my portfolio to make profit if there be a recession

[uofawayne]

The audio quality of this interview is also a crisis.

[Maverick]

I started investing when I was 35, mostly through sweat equity. I just turned 40 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT! You don’t have to get rich quick, you just have to get RICH no matter what.

[WestonScally]

Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $180k portfolio or maybe even consider some defensive investments.

[Falconlibrary]

Dear Mr. Cooper: that sound you hear when you start your internet and the voice that says "You've got mail!" means you need to upgrade your service.

[illmagnetic]

He called in on his AOL account.. Bless his heart

[mack-uvgn]

Translation I want the market to fall so I can buy cheap

[uguryildirim]

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..