1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
CanadianValue
Articles (4624) 

Super Bull Jeremy Siegel Now Calling for Dow at 18,000 in 2014!

March 12, 2013 | About:


What is Professor Optimistic's reason for thinking the market is going to keep heading straight up?

Siegel notes that there are $3 trillion in bond funds and $11 trillion in savings accounts currently earnings zero percent. There doesn't have to be a large percentage of that cash move towards stocks to keep sending the market higher.

He thinks that the Dow at 16,000 to 17,000 by the end of this year and that the Dow at 18,000 in 2014 is a good bet.

Unrelated, I called Warren Buffett and he still thinks it is foolish to make short-term predictions on where the market is going to be. That is a joke, I didn't call him (but that is what he would say).



Watch the latest video atvideo.foxbusiness.com

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 2.5/5 (4 votes)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


akcapitalSmall Cap - P/FCF
vinsandhuROE2
fekafiemdGRAHAM VALUE p/E LESS THAN 15
James LiThe John Neff Screener!
brettHigh Quality Part 2
9gebbbLFG QV Formula
9gebbbLFGQCFormula
kirkP/S Dividend
pbarker46Hist. PB w Median PS
pbarker46FCF, Med. PS, EPV
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)
FEEDBACK