Leon Cooperman: Here Are 10 Ways The U.S. Bull Market Can Continue

Leon Cooperman, chairman and CEO of Omega Advisors, recently took the stage at the Ira Sohn conference. As part of his presentation, Cooperman presented a slide on the "underpinnings to a long-lasting U.S. equity bull market."

Related Link: Ira Sohn Conference Live Blog: Movers, Shakers, Hedgie Comments

He gave 10 reasons why the bull market in stocks can continue.

1. "Long-lasting and self sustaining U.S. economic expansion which should also be broad based, low in volatility, and "sweet spot" in growth."
2. "U.S. earnings and dividend growth of 5% to 7% per year over the coming several years."
3. "Long-lasting friendliness Federal Reserve gradual tightening beginning in second half of 2015."
4. "Continued monetary friendliness from the ECB/BOJ/OBOC/Global liquidity glut."
5. "Low, though gradually rising, sovereign bond yields."
6. "Modestly accelerating GDP growth in the Euro zone and Japan, a moderate slowing in China's growth rate, foreign macro landscape a tailwind to U.S. shares."
7. ""Okay" absolute U.S. share valuation/market extended on selected metrics."
8. "No alternative to equities from fixed income markets."
9. "Asset allocations should shift to equities."
10. "U.S. equity market very good valuation relative to bond interest rates and inflation."