. >> all right i do want to remind everybody as well, coming up on monday right here, leon cooperman, the billionaire investor will give us his thought ons how far we have come from those lows where he thinks we may not be going e next we look forward to him being with us on monday. we do have more on the markets greg parsons is with us today. so is marc lasry looking forward to that in two minutes. ♪ ♪ ♪ ♪ ♪ >>> off the best levels. we are still green across the board. let's get the headlines with sue. >> here is what's happening at this hour. florida reporting a record number of coronavirus infections for a second day in a row with more than 1900 new confirmed cases since yesterday. florida also reporting 29 new deaths raising that state's death toll to nearly 2900. new york's governor andrew cuomo says he will sign an executive order requiring local governments and police departments to enact police reforms by april 1st or they will not be eligible for state funding. the plan mustards use of force and police bias and other issues that have triggered antiracism protests >>> the osca

the billionaire investor leon cooperman. he joins us in a few moments we begin the debate with our investment committee with me as always it's good to see everybody let's take you to the wall we are negative across the board. we are off the lowest levels of the day. the dow is at 25,290 there is the nasdaq. concerns about the virus and new hot spots around the country are part of the conversation as i look at moves, i see a lot of buys that suggest you're optimistic about the reopening of this country. >> yeah, thanks scott. when i look at my portfolio as a whole, i have a heavy bias to the nasdaq 100 the qqqs which have done so well i think that as we are reopening that if you look at technically, a lofts tt of stocks like south six flags, they all look similar. they are starting to make higher lows and higher highs. i think as the reopening happens, this is where there's still risk but we think it's compensated risk longer term to own some of these epicenter names that we think as the summer happen, as the reopening is hap

the market the last several weeks as we saw back in the late 9'90s >> what the can you think, leon coopermanof sports betting might be pushing people here. we know just not with the high profile cases but just look around and you see people interested in stocks and able to use these kind of commission free platforms for the first time >> yeah. i think it's a confluence of a lot of factors a lot of folks at home and looking for something to do and you've got legitimately an economy that's recovering faster than most would have thought six weeks ago. we'll see if that continues. i think all the things are coming together to kind of create this perfect storm right now. >> do you think this will be a lasting phenomenon >> you know, i would part of it. the last 20 years since the late '90s, the stock market has been a little boring. i think hopefully it will be some of these investors that stick around and continue to invest in the market and take an interest in the market which really took a nose dive after 2000 and took a bigger nose dive after 2009 i hopeit does. i think the speculative part o

the billionaire investor leon cooperman. begin the debate with our investment committee with me as always it's good to see everybody let'

earlier today, investor on halftime, investor leon cooperman said the markets won't get much worse this year but might not get much better. >> you have to make assumptions. my assumption is the virus will get more under control around the turn of year and clearly economic recovery is under way number one, i don't think we will break the lows of march which were 2190. the lows for the year. we will not exceed february high of 3393 any time this year >> all right welcome to both of you i'm going to begin with you. we'll come back to mr. cooperman in a minute. the news out of the fed is interesting. in part because one of the things you say is go where the money is going and that is into investment grade and mortgage backed securities. is this a good portfolio play for individual investors >> yeah, since the crisis started one of our key themes has been follow fed and that's been very beneficial up until this point that has led to a significant spread tightening, appreciation from the naters of mid march in investment grade corporate and mortgage backed securities and high yield bond and e