Siegel sees S&P 500 earning goes over $94 in 2011, surpassing that of 2007, when the market was at 1570. He sees stock valuation the most compelling since 1950s, given the long bond rate at 2 to 3 %. He thinks the earnings nowadays are of better quality than 2007 when financial companies took a lion share of the S&P 500 earnings.
The bullish professor sees the market goes up another 8 to 10% from this point on.
I want see Siegel debating John Hussman.