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Why Leon Cooperman thinks the stock market will be lower a year from now

"The market is facing the fact that taxes are going up, interest rates are going up, and inflation is going up," Billionaire investor Lee Cooperman told CNBC's "Squawk Box" Friday. "So cyclically I'm engaged. But I got an eye on the exit. And I suspect the market will be lower a year from today."
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Fri, Apr 30 20218:57 AM EDT