Recently, legendary Wall Street investor and hedge fund boss Cooperman made worrying predictions about the US economy and market prospects, believing that the US economy may fall into recession within the next year. In a recent interview, he said that some signs of the current market are similar to past boom and bust cycles, such as the “Pretty 50” era in the mid-20th century. Cooperman pointed out that there are various signs that the current economic cycle is coming to an end, and as the artificial intelligence boom gradually subsides, the stock market may also usher in a new round of turmoil. “I think we'll face a recession sometime next year, which could cause the market to fall,” Cooperman said, adding that he believes the S&P 500 earnings expectations are mispriced.

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