pimm: those comments not sitting too well at hedge fund titan such as leon cooperman, here he is in anew with cnn this week. leon cooperman: i don't need what icrapping all over do for a living, especially who hangs out with these people and the very first thing she has to say is criticize hedge funds. i have lived the american dream, i have nothing to apologize for. i have made a lot of money and i'm giving it back to society. pimm: leon cooperman says only thing that upsets and more are the fellow hedge fund managers who support hillary clinton. i will bring in peter cook with more. peter? mm,, this is something that should not be too surprising with hillary clinton on the campaign trail. she -- one of the risks is the fact that her close ties to wall street will be an issue for bernie sanders to raise. he already has, as well as martin o'malley, her new challenger, the former governor of maryland. she is talking tough not only about hedge funds but wall street in general, even if that means risking campaign contributions from that very substantial area for her going forward. it is a

let me get your take on what leon cooperman said over the weekend.said, i think the market is ok, but it's not cheap, but not price to perfection. and what point does that trickle down and affect stocks? european bond market was an absolute bubble, at least in my opinion. the you is -- the u.s. domestic market, by year-end our range is 2.25 up to 2.75. we might lean to the other end of that particular range. i think that is ok, because we are in a normalization process. the bond market and the fed and the equity market will have to digest is. this is a multiyear process. if we are going to grow 2.8%, which i think we will this year -- that is our gdp number. 2.25 andyield is at that is to you low -- that is too low. you would expect that the on market would trade a little lower and yields would rise a little bit. but i far as a big selloff, i'm not sure what would trigger that. there is less windy, no doubt. and that is why i think we can , nomore -- less liquidity doubt. and that is why i think we can see more volatility. but we certainly want to st

let me get your take on what leon cooperman said -- he says i think the market is ok but is not pricedo perfection. is inre is a bubble, it the bond market and we have seen headlines crosslegged that as we have seen this bond route, but at what point does that trickle-down to stocks? scott: the european bond market was in an absolute bubble in my opinion. the u.s. domestic market, our 225-2 hundred 75. we might lean toward the upper end of that range. the equity market is going to have two address this. 2.8%,are going to grow bond yields at the 10 year or even at 240 is too low. i think you would expect the bond market would trade a little lower, but as far as some kind sureg selloff, i'm not what would trigger that. liquidity, but we want our clients optimistic. not wildly optimistic, but we want them to stay invested in equities. alix: we are looking at a doubt that hasn't had a negative year since 2008. the one thing that stresses you out? scott: usually there are all kinds of things that keep me up at night. chinese growth is what worries me. are we going to see growth drop off qui

. >> leon cooperman needs to understand when the rich guys donate to the opera it -- ñ >> never seen- >> they don't -- it is their money. >> i don't disagree. >> comes up in wall street week and comes up in charles' fine show as well where the order of the day is to make money. both of these guys do that for you. the entire culture freedom cast tomorrow beginning at a special time 1:00 p.m. eastern tile because of special developments tomorrow. the entire block going from 1:00 p.m. to 3:00 p.m. so still be there starting later than normal. you can still catch them all. >>> who says that hillary clinton is dodging the press? she has been giving interviews every day. now what ed henry knows. what do you think of when you think of the united states postal service? exactly. that's what pushes us to deliver smarter simpler faster sleeker earlier fresher harder farther quicker and yeah even on sundays. what's next? we'll show you. new york state is reinventing how we do business by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax r

plus what do hedge fund titans leon cooperman, david einhorn, and david tepper all have in common? they could force gm's hand in a major deal. we'll have a special report explaining when and how later this hour. much more "fast money" straight ahead. hey, can i help you? yeah, we're interested in the iphone. we promised one to beth for her birthday. you know mobile share value plans now include rollover data, so the data you don't use this month rolls over to the next month. wow, even better. so what are you gonna do with your old phone? i'm giving it to my sister emily. she gets all my old hand-me-downs. oh i'm into bedazzling too. and you admit that? yeah...i...i used to be into bedazzling. i'll go get your phone. get the iphone 6 with rollover data to share. only from at&t. >>> chip stocks facing major headwinds and that kicks off our top trades tonight. intel ceo brian kurzani clchlt on the halftime report talking about where chip makers face the most trouble. >> china and emerging markets in asia continue to be soft. we're seeing some pickup there now but it's still relative t

and leon cooperman will be with me and i'll get a take on retail and new role at lands' end.nd tour of a replica with seinfeld's soup nazi on mornings with maria. i'll see you on the fox news channel on sunday morning futures. happy father's day all of you dads out there. raising the roof for you, have a wonderful holiday. happy father's day, thank you for joining us this morning. "varney & company" is next, stuart, over to you, happy daddy's day, stu. stuart: i can use that. thank you very much indeed. maria. how many times have you heard it, greece on the edge? well, now, they really are on the edge and it looks like there is absolutely no going back. good friday morning, everyone, there's a run on the banks in greece, so the money is flowing out and there is no more coming in. maybe there is at the last minute. we'll get to that. that's the back drop of the crisis, looks like they're doing. has the prime minister blinked? we're watching it unfold. and twitter want to cut the clutter and you to get your news from there, the nerve. let's see if the stock comes off its lows.

all of the tweets were is this the correction are we there and then leon cooperman talked about thingsr if correction. >> came out and said this morning 9% down. this summer -- that will be quite a drop. >> it would. but here's the thing -- it is soon. >> aren't you ever tempted to say to the lings guy you know what, you want to sleep at night. why don't you sell what you've gotten and sleep easy? >> you know what 20 years from now they won't be able to sleep at all relying on social security an would be eating dog food so i feel my responsibility is to make sure they do well. i looked up a charter of the market from 1902 to now. we talk about wars, great depressions, recessions honestly stuart you moderate how much risk you have, and you take confidence. because listen -- >> what happens if i'm 75 years old and i'm retired. eversion most 75-year-olds don't have the marmingt of the money in the stock market but what if you're 40 and you want to retire. how many people have missed this 200% move in the market already? >> a t do another victory lap. lululemon didn't ewe recommend it. eve

tycoon leon, this past sunday he had a few things to say to the current administration, after making waves on wall street with open letter to the president accusing him of nourmdz class war cooperman letter got him audited what he told gary on wall street week this sunday. >> ordered by irs don't know if cause and effect i was upset i thought dialogue was unnecessarily you destructive i felt again i am not running for president, i don't want to be president i respect the president he has very difficult job. but i -- i think that we should not kick 99% against 1%. >> so interesting, that he actually told you that he wrote the open letter criticized the president for being divisive he got audited. >> well my question was i just wanted to know whatever happened because i was with him when he wrote the letter, we had him on the show i wanted to know did anything happen hear back did they want to meet i got audited by irs, i'm not sure whether cause and effect lee has too much class to actually come out here and just say that there was one hundred percent you know correlation been would one thing i will say is that lee, as well as many others that have joined on this program, maria, sa