U.S. Sen. Bernie Sanders (I-VT) speaks during a rally at Howard University May 13, 2019 in Washington, DC.
Alex Wong | Getty Images
Leon Cooperman, the billionaire investor who runs Omega Advisors, told CNBC on Thursday that the stock market could get hurt if a far-left candidate were to win the presidency in 2020.
“One of the risks for the market is if there’s a movement to the left,” Cooperman said in a “Squawk Box” interview. “Bernie Sanders, in my opinion, doesn’t have a clue. “
The democratic socialist senator from Vermont, a champion of progressives, is one of nearly two dozen candidates seeking the 2020 Democratic president nomination. He ran in 2016, but the party nomination went to Hillary Clinton.
While generally supportive of President Donald Trump‘s business-friendly policies, Cooperman has been critical at times of the president for the way he conducts himself and communicates.
CNBC’s before the bell news roundup
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