Billionaire investor Leon Cooperman outlined 11 reasons why he's concerned about coronavirus' long-term impacts | Markets Insider

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Billionaire investor Leon Cooperman outlined 11 reasons why he's concerned about coronavirus' long-term impacts | Markets Insider
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Billionaire investor Leon Cooperman outlined 11 reasons why he's concerned about coronavirus' long-term impacts

Hedge-fund billionaire Leon Cooperman detailed 11 reasons why he's worried about the long-term effects of the coronavirus pandemic.

The investor also flagged Warren Buffett's inactivity in recent months, saying that if the Berkshire Hathaway boss isn't doing much,"who am I to be bold?"Billionaire investor Leon Cooperman has a laundry list of worries about the long-term impacts of the coronavirus pandemic. 2. Politics are shifting to the left and taxes will rise,"quickly if Biden wins and more slowly if Trump wins."

4. US government debt is growing faster than the economy, meaning a bigger chunk of national income will go toward repayments.

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