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Jeremy Siegel: 'It's One of the Cheapest Markets I've Seen,' Thinks Dow Could Reach 17,000
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Jeremy Siegel, professor of finance at Wharton Business School, says the current stock market is the cheapest he's ever seen compared to bonds:
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Stewartlang - 1 year ago
Very accurately and succinctly postulated, Superguru. One the Fed begins tightening (if ever...), then perhaps we will see a massacre in the bond markets in general, but more specifically in the US Treasury notes and bills.
I do agree with one point of from the distinguished Professor: once tightening does beging, we will most likely see a heavy sell off in both Treasurys and equities, but that equities should rebound quite quickly.
Thanks for the thought provoking postulation.
I do agree with one point of from the distinguished Professor: once tightening does beging, we will most likely see a heavy sell off in both Treasurys and equities, but that equities should rebound quite quickly.
Thanks for the thought provoking postulation.
Abecfilms - 1 year ago
For Jeremy, the sun is ALWAYS shining.
[www.youtube.com]
Below is a re-paste of my last note on gurufocus with a topic of the same headline.
_[www.gurufocus.com]
_the part worth repeating is this.... Siegel was advocating 90% stocks when much the smart money - Buffett, Rodriguez, Klarman, et. al. - - had either lots of cash or were positioning themselves for a bear market.)
As for that other guy. He should quit the business before somebody gets hurt.
[www.youtube.com]
Below is a re-paste of my last note on gurufocus with a topic of the same headline.
_[www.gurufocus.com]
_the part worth repeating is this.... Siegel was advocating 90% stocks when much the smart money - Buffett, Rodriguez, Klarman, et. al. - - had either lots of cash or were positioning themselves for a bear market.)
As for that other guy. He should quit the business before somebody gets hurt.
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"It is one of the cheapest markets I have seen,"
and
"current stock market is the cheapest he's ever seen compared to bonds"
As soon you put "compared to bonds", the meaning changes completely.