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Wharton Professor Siegel Says Fair Value on the Dow Is 18,000

January 30, 2014 | About:
CanadianValue

Canadian Value

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Where does Jeremy Siegel see the Dow Jones headed?

As far as fair value goes, he thinks the magic number is 18,000.

He sees the current downdraft in the market as a good thing.

His belief in 18,000 as fair value is that the market should sell at an earnings multiple of 19 when we aren't in a high interest rate environment.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

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