10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Wharton Professor Jeremy Siegel Thinks Bull Market Can Go Much Further

March 06, 2013 | About:
CanadianValue

CanadianValue

212 followers
It has been a tough decade for perma-bull Jeremy Siegel, so he is getting a lot of face time with the good times for him rolling.

So why does Siegel think the bull market has lots of room to run? He cites a few reasons:

- Record earnings

- Higher quality earnings

- Extremely low interest rates

- Still attractive valuations (below historical norms)

- A 30-year bull market on bonds still has to reverse and lead to flow of cash into stocks

He thinks the shock of the "Great Recession" is still wearing off and as that does the valuations (multiples) placed on earnings will increase.



About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 1.8/5 (4 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK