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Jeremy Siegel – Dow Could Jump 1,000 Points on Fiscal Cliff Deal

November 15, 2012 | About:
Jeremy Siegel thinks investors a month from now could look back on today as a buying opportunity. He thinks any sort of a deal on the fiscal cliff will get us 500 to 1,000 points on the upside.

He then thinks that next year will exceed everyone’s expectations.

The current sell-off in Siegel’s opinion is investors locking in capital gains before the tax expires.

He sees another 5 or 10 percent downside if no fiscal cliff deal gets done.

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Rating: 2.5/5 (8 votes)


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