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
Canadian Value
Articles (4624) 

Professor Jeremy Siegel Thinks the US Treasury Bubble Is Going to Pop

May 07, 2013 | About:

Jeremy Siegel is now suggesting that at the end of this year the Dow Jones will be between 16,000 and 17,000.

Why in the world does one offer an opinion on such things that are completely impossible to predict? Ask Warren Buffett and the answer would be that he has no idea where the market is going in the short or medium term.

Siegel thinks that the the market is going to be driven by cash currently sitting in money market funds and bank accounts that is earning nothing moving into the stock market.

In the current world of rock-bottom interest rates Siegel thinks the stock market is still also attractively valued.

Siegel doesn't understand who is buying 10-year bonds at current rates; he thinks this is a bubble that will pop.

About the author:

Canadian Value

Rating: 4.5/5 (2 votes)


Please leave your comment:

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

Performances of the stocks mentioned by Canadian Value

User Generated Screeners

nuno.a.pomboEstatiscal Low Priced Stocks
hugHigh Piotroski
hugHigh Piotroski & Low EV/REBITD
pbarker46Shiller USA
BoubaOCF Size 1
jesusgnDividend consistent
alexbernal0Quality Growth
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)