Jeremy Siegel, a professor of finance at the University of Pennsylvania's Wharton School, talks with Bloomberg's Carol Massar about the outlook for the U.S. economy and stock market.
Siegel sees that market valuation level “most persuasive” in many decades. He dismisses the possible occurring of a “double tip” into recession, saying not any “real good economist” is forecasting a negative growth. He thinks we are in an economic soft spell which will leave room for the government to inject stimulus to get out of it.
(Source: Bloomberg)
Siegel sees that market valuation level “most persuasive” in many decades. He dismisses the possible occurring of a “double tip” into recession, saying not any “real good economist” is forecasting a negative growth. He thinks we are in an economic soft spell which will leave room for the government to inject stimulus to get out of it.
(Source: Bloomberg)
