Despite concern over Obama’s anti-wealth sentiment, Leon Cooperman expresses confidence about...

|By:, SA News Editor

Despite concern over Obama’s anti-wealth sentiment, Leon Cooperman expresses confidence about equities - “When I look at financial assets… It’s easy. Common stocks win by default." - and Laszlo Birinyi agrees, comparing today to 1982. But it's "dangerous" to look for historical precedents, Whitney Tilson counters, since “the unwinding and de-leveraging that has to take place is going to create a headwind.”