(GuruFocus, November 9, 2009)
Jeremy Siegel, a finance professor at the Wharton School of the University of Pennsylvania, talks about the outlook for the U.S. labor market to Bloomberg.
He thinks the US economy will start to have job creation from January 2010, but the unemployment will remain high.
Siegel was credited for calling the bottom for the equity bottom in March 2009. He sees another 10% growth in the market by the year’s end.
About the author:
guruekSaj Karsan founded an investment and research firm that is based on the principles of value investing. He has an MBA from the Richard Ivey School of Business, and an undergraduate engineering degree from McGill University.