While the market has struggled in recent weeks, Wharton professor and author Jeremy Siegel remains confident that the Dow Jones Industrial Average will hit 15,000 by the end of 2013. Siegel tells Bloomberg that given the recent problems in Europe and the “fiscal cliff” that the U.S. faces, more of the gains may be pushed [...]
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Tag Archives: Jeremy Siegel
Siegel: ECB Will Devalue Euro
May 11, 2012
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Wharton Professor and author Jeremy Siegel says he thinks the European Central Bank will eventually devalue the Euro to stem the debt crisis in Europe. “My forecast is ultimately the ECB, in an attempt to save the union, will lower the euro,” Siegel says, according to Reuters. “We could see the euro going down to [...]
Read moreWhy Short-Term Market Timing Is Futile
May 1, 2012
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In a recent piece for The Motley Fool, Morgan Housel offers some interesting data on why trying to time the market is so dangerous. “There have been about 21,000 trading sessions between 1928 and today. During that time, the Dow went from 240 to 13,000, or an average annual growth rate of 5% (this doesn’t [...]
Read moreSiegel Sees Market Moving Higher, But Warns Of Tax Headwind
April 17, 2012
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Author and Wharton Professor Jeremy Siegel says he thinks stocks will move higher by the end of 2012, but thinks the lack of resolution regarding extensions of key tax cuts will cap the gains for the year. Siegel tells Bloomberg he thinks that resolution will come on those tax cut extensions by the end of [...]
Read moreAre Stocks Really A Good Inflation Hedge?
March 9, 2012
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Conventional wisdom is that stocks are a good hedge during inflationary periods. But some prominent financial researchers say the belief is off the mark. “When inflation has been moderate and stable…equities have performed relatively well,” Elroy Dimson, Paul Marsh, and Mike Staunton of the London Business School write in the 2012 Credit Suisse Global Investment [...]
Read moreSiegel: No Surprise If Dow Passes 15,000 This Year
February 17, 2012
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The European debt crisis and America’s own debt troubles are keeping many investors away from stocks. But author and Wharton Professor Jeremy Siegel says the odds are in favor of the market making some impressive gains in the coming years. “Many stock bulls are calling for a 10% to 15% gain this year,” Siegel tells [...]
Read moreIs There A Hole In The CAPE?
February 2, 2012
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While some prominent strategists, including Jeremy Grantham and Robert Shiller, have pointed to the 10-year cyclically-adjusted price/earnings ratio (“CAPE”) as evidence that stocks (in particular the S&P 500) are very overvalued, Wharton Professor Jeremy Siegel says there’s a flaw in the metric. The flaw, Siegel said at a TD Ameritrade Institutional conference, involves the 2008 year, [...]
Read moreSiegel on Dividends — and Why So Many Missed the Crash
January 18, 2012
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Author and Wharton Professor Jeremy Siegel says dividends could — and should — be coming back into favor. In an interview with The Motley Fool’s Morgan Housel, Siegel discusses the reasons why dividend payouts have declined over the years, including tax issues and the fact that the rise of stock options as compensation have given [...]
Read moreSiegel Sees Historic Buying Opportunity
December 22, 2011
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Wharton professor and Stocks for the Long Run author Jeremy Siegel says stocks are as cheap as they’ve been since the early 1950s, when the interest-rate climate is taken into consideration. Siegel tells CNBC he doesn’t think that Europe’s debt crisis will lead to a Lehman Brothers-type event. He says he “loves dividend-paying stocks”, and [...]
Read moreSiegel: ECB Should “Backstop” Debt; U.S. Should Wait on Austerity Measures
October 20, 2011
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Author and Wharton Professor Jeremy Siegel says that the European Central Bank should provide the liquidity needed to help the debt crisis in Europe, and that such a plan doesn’t need to involve a full bailout of Greece. Siegel says it could involve a multi-trillion-euro “backstop” of debt guarantees, and says that such a move [...]
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