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Cooperman Warns of 2027 Recession Risk | Raleigh News
Billionaire investor Leon Cooperman is sounding the alarm that a U.S. recession could strike as early as 2027, warning that Wall Street’s inflated earnings expectations and fading AI hype are masking deeper economic risks. While corporate profits soar and the S&P 500 climbs, Cooperman argues investors are betting on unproven future growth — a dangerous gamble echoing past bubbles. Consumer data paints a mixed picture: GDP remains strong, but retail sales dipped, inflation bites harder on essentials, and debt eats into disposable income. Yet consumer confidence and online spending remain…
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