Leon Cooperman’s Bullish US Equity Outlook For 2015

Omega Advisors founder Leon Cooperman expects US equity returns to fall to single digits this year, but he doesn’t think the bull market has run its course

The S&P 500 is off to a rocky start, pulling back up to even after a couple of dips, but Omega Advisors founder Leon Cooperman expects the bull market to continue and for the S&P 500 to deliver a total return of 7% - 9% this year, 2% in dividends and the rest from earnings growth, according to a letter to investors reviewed by ValueWalk.

“We believe that the in-place U.S. equity bull market should last for quite a while longer, deliver moderate (high-single-digit) total returns rather than the strong double-digit returns...