Leon Cooperman (Leon Cooperman), an American hedge fund predator and billionaire investor, said on Thursday that he doesn't think the US stock market will fall sharply in the near future, but a 10% correction could occur at any time.

Since the outbreak of the epidemic in March 2020, the S&P 500 index has never experienced a 10% correction. The index has almost doubled since bottoming out on March 23 last year, falling 1% on Thursday to close at 4313 points.

So what is causing the market to fall into serious chaos? Cooperman said, “The market will only derail if there is an economic recession, a sharp shift in the Federal Reserve, hostile rise in interest rates, depreciation of the dollar, or some kind of major geopolitical event. I don't think these things... seem possible.”

But he said that in the short term, “the market could fall by 10% or 15% at any time, I don't think it will be more than 10%.”

Cooperman said he is “pessimistic about the long-term outlook.” His concerns include $29 trillion in government debt, persistent and high inflation, and low interest rates.