Billionaire Leon Cooperman cautious about market due to Trump's tariff policies

From Yahoo Finance: 2025-04-13 07:30:00

Financial news has been dominated by discussions on U.S. President Donald Trump’s new tariff policies, causing sharp sell-offs and rebounds in the capital markets. Billionaire hedge fund manager Leon Cooperman voiced caution, suggesting uninspiring returns and advising against buying in the current extreme volatility. Following Trump’s tariff pause on April 9, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average experienced a sharp rebound, though still down since April 2. Cooperman remains skeptical, citing emotional market reactions to tariff news as unreliable indicators for stock purchases. The unpredictability of tariff policies could lead to massive ripple effects on industries and markets. Cooperman’s cautious approach highlights the challenges of identifying valuable stocks amidst market turmoil.



Read more at Yahoo Finance: Billionaire Investor Leon Cooperman Just Revealed How He’s Navigating the Ongoing Tariff-Driven Sell-Off