Jeremy Siegel thinks investors a month from now could look back on today as a buying opportunity. He thinks any sort of a deal on the fiscal cliff will get us 500 to 1,000 points on the upside.
He then thinks that next year will exceed everyone’s expectations.
The current sell-off in Siegel’s opinion is investors locking in capital gains before the tax expires.
He sees another 5 or 10 percent downside if no fiscal cliff deal gets done.
He then thinks that next year will exceed everyone’s expectations.
The current sell-off in Siegel’s opinion is investors locking in capital gains before the tax expires.
He sees another 5 or 10 percent downside if no fiscal cliff deal gets done.
