Siegel thinks that the Dow will end 2013 between 15,000 and 17,000. He, along with Ron Baron believe that we are now back to a "normal" stock market where we can expect the market to go up on average 7% per year.
The lost decade that we just came through is because we started with a very overvalued stock market which has been worked off. Now with below average valuations we can have average returns going forward.
Here he is spreading the bullish word:
The lost decade that we just came through is because we started with a very overvalued stock market which has been worked off. Now with below average valuations we can have average returns going forward.
Here he is spreading the bullish word:
