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Benzinga
Benzinga
Business
Chandrima Sanyal

Leon Cooperman Warns of AI Bust and Recession: 4 ETFs to Take Cover In

Economic,Crisis,And,Global,Economic,Recession.,Economic,Stagnation,And,Inflation,

Billionaire investor Leon Cooperman is warning that the U.S. economy could slip into recession next year, potentially ending the market’s AI-fueled run, according to Business Insider.

His call comes as the Nasdaq 100 remains up about 19% this year and S&P 500 earnings are expected to surge more than 50% year over year this quarter.

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