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Source document· March 18, 2026

Leon Cooperman warns markets are 'too expensive' as war raises questions about investing rules and stagflation fears

View original at finance.yahoo.com
Leon Cooperman warns markets are 'too expensive' as war raises questions about investing rules and stagflation fears Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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  • Markets are too expensive given geopolitical tensions and political instability

    60% confidence
  • Traditional rebalancing between equities, bonds, inflation-linked bonds and gold is not protecting portfolios due to shifted correlations

    60% confidence
  • The stock market is not discounting the uncertainty of the environment in a proper manner

    60% confidence
  • Vanguard outlook for U.S. stocks is raising alarm bells for retirees

    60% confidence
  • Warning about concerning outlook for U.S. stocks that raises alarm bells for retirees

    60% confidence
  • Markets face growing risk of stagflation - combination of persistent inflation and slowing growth

    60% confidence
  • Nearly 50% of Americans are making one big Social Security mistake

    60% confidence
  • Traditional 60/40 portfolio diversification and rebalancing strategies are not protecting portfolios due to shifted correlations

    60% confidence
  • The stock market is not discounting the uncertainty of the environment in a proper manner

    60% confidence
  • Geopolitical tensions and political instability are creating uncertainty that markets are not properly pricing

    60% confidence
  • Nearly 50% of Americans are making one big Social Security mistake

    60% confidence
  • Markets are too expensive given geopolitical tensions and lack of leadership and integrity in Washington

    60% confidence
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
ESMO 2026 Oncology Data Wave Builds Toward Ivonescimab PDUFA, While Micro-Cap Biotech Exits the Market
Late October 2026 is a dense catalyst window led by ESMO 2026. Daiichi Sankyo's DXd antibody-drug conjugate (ADC) programs (DESTINY-Lung04, DESTINY-Breast11, REJOICE-Ovarian01/02, TUXEDO-3), Guardant's 25 abstracts and the PACE-LUNG ctDNA trial all report there. These feed into the FDA's 14 November 2026 PDUFA date for ivonescimab. Large and mid-cap developers with late-stage data and commercial launches (ZEGFROVY, ANKTIVA, MIUDELLA, lorundrostat, duvakitug) are drawing capital and attention. Spago Nanomedical's board decision to seek a Nasdaq First North delisting (EGM 19 November, application 25 January 2027) shows the capital squeeze on early-stage, single-asset names (Tumorad is Phase I).
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
We flag conflicts openly ›
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